387 Myrtle Avenue

Fort Greene

$3,800,000
Price
6
Beds
5
Baths
5,500 Sq. Ft.
$691 / Sq. Ft.
5,500
Sq. Ft.
$691
per Sq. Ft.

Description

A rare opportunity to purchase a mixed-use building on Fort Greene's premiere commercial strip, Myrtle Avenue. 387 Myrtle Avenue boasts one of the neighborhoods most highly visible and lauded restaurant tenants, Larina, as well as 3 free market residential apartments, which will be delivered vacant.


The building is four stories and 5,500 square feet, with a working basement attached to the commercial space. The residential units are 1,300 square foot+ 2 bedroom apartments. There are an additional
...A rare opportunity to purchase a mixed-use building on Fort Greene's premiere commercial strip, Myrtle Avenue. 387 Myrtle Avenue boasts one of the neighborhoods most highly visible and lauded restaurant tenants, Larina, as well as 3 free market residential apartments, which will be delivered vacant.



The building is four stories and 5,500 square feet, with a working basement attached to the commercial space. The residential units are 1,300 square foot+ 2 bedroom apartments. There are an additional 2,836 square feet of buildable square footage.



All units have central air conditioning, installed in 2006, with a dedicated condenser servicing each floor. The restaurant has custom radiant heated floors and separate boiler and heater.



Please email for additional info, including all annual expenses and projected revenue.

Listing Agent

  1. Brian Blessinger

    Brian Blessinger

    Listing Agent

    Compass

Amenities

  • Central AC
  • Basement
  • Lowrise

Location

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LISTING UPDATED: 02/03/2020 01:26 PM

Property Details for 387 Myrtle Avenue

StatusTemporarily Off Market
Days on Market110
Taxes$1,422 / month
Maintenance-
Min. Down Pymt20%
Total Rooms14.0
Compass TypeMixed Use
MLS TypeSingle Family
Year Built1958
Lot Size2,085 SF / 25' x 83'
CountyKings County

Building

387 Myrtle Ave

3 Units4 StoriesBuilt in 1958

Location

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Building Information for 387 Myrtle Avenue

Stories4Year Built1958Building Size25' x 55'Building Sq. Ft5,500 SFLot Size2,085 SF / 25' x 83'Building AgePost-warBuilding TypeTownhouseSenior Community-

Payment Calculator

$22,160 per month

30 year fixed, 7.25% Interest

Principal and Interest

$20,738

Property Taxes

$1,422

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 387 Myrtle Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 387 Myrtle Avenue

This home is within Nyc Geog District #13 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 46 Edward C Blum
PublicPK to 5

Fort Green Preparatory Academy
Public6 to 8

Benjamin Banneker Academy
Public9 to 12

Ms 113 Ronald Edmonds Learning Center
Public6 to 8

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.

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