Listing Courtesy of Thomas Gugliucci Real Estate


$22,000,000
471-481 Myrtle Avenue
Brooklyn, NY 11205
MLS# 2406024
9300 sqft


471-481 Myrtle Avenue, Brooklyn, NY 11205
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471-481 Myrtle Avenue, Brooklyn, NY 11205 471-481 Myrtle Avenue, Brooklyn, NY 11205 471-481 Myrtle Avenue, Brooklyn, NY 11205 471-481 Myrtle Avenue, Brooklyn, NY 11205 471-481 Myrtle Avenue, Brooklyn, NY 11205 471-481 Myrtle Avenue, Brooklyn, NY 11205

Property Description
470, 471 - 481 Myrtle Avenue Fort Greene, Brooklyn. This is a rare opportunity to own 8 buildings 7 of them being consecutive addresses. The addresses are as follows 470 Myrtle Avenue, 471 Myrtle Avenue, 473 Myrtle Avenue, 475 Myrtle Avenue #A, 475 Myrtle Avenue #B, 477 Myrtle Avenue, 479 Myrtle Avenue 481 Myrtle Avenue. The total lot size for these buildings combined is 120 x 80 for a total of 9,600 sq. ft. • 8 PROPERTIES TOTAL • 6 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 8 properties)

Details
Maps
AddressLegal
Street No.: 471-481
Street Name: Myrtle
Street Suffix: Avenue
County: Kings
State: NY
Zip Code: 11205
Area Name: Fort Greene
Parcel ID: 01890-0090
ContractLocation Information
Status: Active
Listing Date: 2024-10-28
List Price: $22,000,000
Current Price: $22,000,000
Sub-Type: Commercial
Zoning: R7-A
Block: 01890
Lot: 0090
General Property Info
# of Buildings: 7
Stories: 23
Year Built: 1955
Year Built Info: Approx
Taxes: 53534
Tax Abated: No
Lot Size SqFt: 9300
Lot Dim: 120x80
Irregular: No
Building SqFt: 9300
Condition: Good
Air Conditioner: None
Public Remarks: 470, 471 - 481 Myrtle Avenue Fort Greene, Brooklyn. This is a rare opportunity to own 8 buildings 7 of them being consecutive addresses. The addresses are as follows 470 Myrtle Avenue, 471 Myrtle Avenue, 473 Myrtle Avenue, 475 Myrtle Avenue #A, 475 Myrtle Avenue #B, 477 Myrtle Avenue, 479 Myrtle Avenue 481 Myrtle Avenue. The total lot size for these buildings combined is 120 x 80 for a total of 9,600 sq. ft. • 8 PROPERTIES TOTAL • 6 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 8 properties)
Building Info
Building Available SqFt: 9300
Sprinklers: No
Property Features
Electric Meters: Individual
Gas Meters: Individual
Electric: 220
Features: Other
Construction: Concrete Block
Parking: Metered
Heat Source: Gas
Heat System: Hot Water
Showing Instructions: Call Agent

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