471-481 Myrtle Avenue, Brooklyn, NY 11205

$22,000,000 Commercial - 11205
2365.59Building Sqft
9300Lot Sqft
Commercial Sale
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About 471-481 Myrtle, Brooklyn

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)

Facts & Features

Subtype Commercial
County Kings
Lot Size Sqft 9300
Tax Abated No
List Price per Sqft $2365.59
Zoning R7-A
Electric 220 Volts
Heating System Hot Water
Air Conditioner None
Area Fort Greene
Condition Good
Lot Dim 120x80
Taxes 53534
Year Built 1955
Building Sqft 2365.59
Siding Block
Sewer City
Heating Source Natural Gas
Listing Office: Thomas Gugliucci Real Estate