Listing Courtesy of Thomas Gugliucci Real Estate
$18,000,000
Brooklyn, NY 11205
MLS# 1163239
9300 sqft
1 / 5
Property Description
471 - 481 Myrtle Avenue Fort Greene, Brooklyn 11205. This is a rare opportunity to own 7 buildings in a row. The consecutive addresses are as follows 471 Myrtle Avenue, 473 Myrtle Avenue, 475 Myrtle Avenue #A, 475 Myrtle Avenue #B, 477 Myrtle Avenue, 479 Myrtle Avenue and 481 Myrtle Avenue. The total lot size for these buildings combined is 120 x 80 for a total of 9,600 sq. ft. • 7 PROPERTIES TOTAL • 5 MIX USE (7 Commercial, 8 Residential) • 2 COMMERCIAL 471 Myrtle Avenue - 1 commercial, 2 residential (Two, 2 bedroom apartments) 473 Myrtle Avenue - 1 commercial 475/477 Myrtle Avenue - 3 commercial, 3 residential (Two, 2 bedroom apartments) 479 Myrtle Avenue - 1 commercial, 1 residential (One, 2 bedroom apartment) 481 Myrtle Avenue - 1 commercial TAXES / EXPENSES Taxes for this real estate package are approximately $44,434 annually (this includes all 8 properties) INCOME This real estate package generates $444,000 annually (this includes all 7 properties)
Details
Maps
Address/Legal
Street No.: 471-481
Street Name: Myrtle
Street Suffix: Avenue
County: Kings
State: NY
Zip Code: 11205
Area Name: Fort Hamilton
Section: N/A
Parcel ID: 1890-90
Contract/Location Information
Listing Date: 2023-07-19
List Price: $18,000,000
Current Price: $18,000,000
Sub-Type: Commercial
List Price/SqFt: 1935.48
Sale/Lease: Sale
Zoning: R7-A
Block: 1890
Lot: 90
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 7
Stories: 3
Year Built: 1955
Year Built Info: New
Taxes: 53534
Tax Abated: No
Lot Size SqFt: 9600
Lot Dim: 120x80
Irregular: No
Building SqFt: 9300
Condition: Excellent
Air Conditioner: None
# of Residential Units: 10
# of Commercial Units: 7
Public Remarks: 471 - 481 Myrtle Avenue Fort Greene, Brooklyn 11205. This is a rare opportunity to own 7 buildings in a row.
The consecutive addresses are as follows 471 Myrtle Avenue, 473 Myrtle Avenue, 475 Myrtle Avenue #A, 475 Myrtle Avenue #B, 477 Myrtle Avenue, 479 Myrtle Avenue and 481 Myrtle Avenue. The total lot size for these buildings combined is 120 x 80 for a total of 9,600 sq. ft.
• 7 PROPERTIES TOTAL
• 5 MIX USE (7 Commercial, 8 Residential) • 2 COMMERCIAL
471 Myrtle Avenue - 1 commercial, 2 residential (Two, 2 bedroom apartments) 473 Myrtle Avenue - 1 commercial 475/477 Myrtle Avenue - 3 commercial, 3 residential (Two, 2 bedroom apartments) 479 Myrtle Avenue - 1 commercial, 1 residential (One, 2 bedroom apartment) 481 Myrtle Avenue - 1 commercial TAXES / EXPENSES Taxes for this real estate package are approximately $44,434 annually (this includes all 8 properties) INCOME This real estate package generates $444,000 annually (this includes all 7 properties)
Status Change Info
Status: Active
Building Info
Sprinklers: No
Property Features
Electric Meters: Individual
Gas Meters: Individual
Electric: 220
Features: Apartment; Mixed Use; Restaurant; Retail
Construction: Concrete Block
Parking: Public; Street
Heat Source: Gas
Heat System: Steam
Showing Instructions: Call Agent
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.