1497 Myrtle Avenue

1497 Myrtle Ave Bushwick, Brooklyn, NY 11237

$1,895,000
Price
12
Beds
7
Baths
1
1/2 Bath
6,469 Sq. Ft.
$293 / Sq. Ft.
6,469
Sq. Ft.
$293
per Sq. Ft.

Description

Incredible mixed-use investment opportunity on thriving Myrtle Avenue in Bushwick!
Featuring nearly 70' of frontage along one of Bushwick's most popular avenues with existing retail on the ground floor (can be delivered vacant), 1497 Myrtle is gutted out with approved plans for residential use on the second and third floor. The possibilities here are endless with nearly 15' ceilings on the top floor, enormous windows, a stairwell going all the way up to the well-maintained roof/expansive NYC skyline
...

Amenities

  • Street Scape
  • City Views
  • Open Views
  • Private Roof Deck
  • Common Roof Deck
  • Exposed Brick
  • Hardwood Floors
  • High Ceilings

Location

Property Details for 1497 Myrtle Avenue

StatusActive
Days on Market203
Taxes$4,550 / month
Maintenance-
Min. Down Pymt10%
Total Rooms28.0
Compass TypeMulti Family
MLS Type-
Year Built1931
Lot Size4,697 SF / 69' x 68'
CountyKings County

Building

1497 Myrtle Ave

5 Units3 StoriesBuilt in 1931

Listing Agent

Contact Agent(s)

Location

Virtual Tour

Listing Agents

  1. Nathan Horne

    Nathan Horne

    Listing Agent

    Compass

Building Information for 1497 Myrtle Avenue

Stories3Residences5Year Built1931Building Size69.08' x 68'Building Sq. Ft14,092.32 SFLot Size4,697 SF / 69' x 68'Building Age-Building Type-

Payment Calculator

$11,695 per month

30 year fixed, 2.95% Interest

Principal and Interest

$7,145

Property Taxes

$4,550

Maintenance/Common Charges

$0

Property History for 1497 Myrtle Avenue

DateEvent & SourcePriceAppreciationLink
Feb 22, 2021

Price Change

Manual

$1,895,000
Oct 26, 2020

Listed (Active)

Manual

$1,995,000
Feb 13, 2009

Sold (Public Record)

ACRIS #2009021800265001

$940,000

+12.8% / yr

DateEvent & SourcePrice
02/22/2021

Price Change

Manual

$1,895,000
10/26/2020

Listed (Active)

Manual

$1,995,000
02/13/2009

Sold (Public Record)

ACRIS #2009021800265001

$940,000

+12.8% / yr

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1497 Myrtle Avenue


SchoolTypeGradesDistanceRating
P.S. 116 Elizabeth L FarrellPublicK-50.1 mi
4
All City Leadership Secondary SchoolPublic6-120.2 mi
8
Achievement First Bushwick Charter SchoolCharterK-120.2 mi
10
Jhs 383 Philippa SchuylerPublic5-80.2 mi
6

P.S. 116 Elizabeth L Farrell

K-5, 0.1 mi, Public

4

All City Leadership Secondary School

6-12, 0.2 mi, Public

8

Achievement First Bushwick Charter School

K-12, 0.2 mi, Charter

10

Jhs 383 Philippa Schuyler

5-8, 0.2 mi, Public

6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Bushwick
Bushwick
Get to know the unique charms of the community surrounding this home. Bushwick is quickly gaining traction as one of the new frontiers of NYC's creative scene. A strong community of artists, musicians, and long-time residents coupled with a refreshingly no-frills atmosphere has made Bushwick a new...

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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1497 Myrtle Avenue is a multi-family home for sale in Bushwick, Brooklyn, NY 11237. This property was listed for sale on October 26, 2020 by Compass at $1,895,000. It has been on the market for a total of 204 days and was last sold on February 13, 2009. This listing's school district is Nyc Geog District #32 - Brooklyn. Nearby schools include P.S. 116 Elizabeth L Farrell, All City Leadership Secondary School and Achievement First Bushwick Charter School. 1497 Myrtle Avenue is a 12-bed, 7.5-bath, 6,469 sqft multi-family home built in 1931. This address can also be written as 1497 Myrtle Ave.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY