$1,799,000
Updated 10 years ago
Off Market

980 Myrtle Ave

Bedford Stuyvesant, Brooklyn | Marcus Garvey Blvd & Throop Ave

2,500 Square FeetIncome Property

$1,799,000
floors / apts1 / 1
Lot Size25'x100'
Built Size25'x50'
ZoneR7d
Building TypeDevelopment Site
RE Taxes$11,758
Price Per SF
$720

Property Description for 980 Myrtle Ave

The subject property is a single story retail building in Bed-Stuy, Brooklyn that is surrounded by many development sites making this the perfect opportunity to build a boutique condo or rental building. The area has seen a dramatic uptick in activity with a high demand for entry level housing. Rentals are approaching $40 PSF and sales of Condos nearing $700 PSF.

To Schedule A Viewing Contact Madison Estates 718-797-2222

Listing History for 980 Myrtle Ave

Now
02/08/2017
POM by Christina Deluca
Madison Estates
2017

Building Details for 980 Myrtle Ave

OwnershipIncome Property
Building TypeDevelopment Site
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts1/1
Learn More About the Building

Transit and Citi Bike

Subway

Flushing Av
0.3 miles
Myrtle Av
0.35 miles
Myrtle-Willoughby Avs
0.37 miles

Citi Bike

Throop Ave & Myrtle Ave
0.08 miles
Park Ave & Marcus Garvey Blvd
0.19 miles

Contact Agent

Contact Agent

Christina Deluca
Madison Estates

Bedford Stuyvesant | Brooklyn

Quick Profile

Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood. 

Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue. 

At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 60969TH