471-481 Myrtle Avenue, Brooklyn, NY
$18,000,000
Fort Hamilton - Commercial - 11205
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9,300
Building Sqft
9,600
Lot Sqft
0.22
Acres
About 471-481 Myrtle Avenue
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)
Facts & Features
| Type | Commercial |
|---|---|
| Area | Fort Hamilton |
| County | Kings |
| Condition | Excellent |
| Lot Size Sqft | 9,600 |
| Lot Dim | 120x80 |
| Taxes | 53534 |
| Tax Abated | No |
| Year Built | 1955 |
| Building Sqft | 9,300 |
| List Price per Sqft | $1,935 |
| Zoning | R7-A |
| Sewer | City |
| Electric | 220 Volts |
| Heating Source | Steam, Natural Gas |
| Heating System | Steam, Natural Gas |