Updated 6 years ago
Off Market
1476 Myrtle Ave
Bushwick, Brooklyn | Menahan Street & Grove Street
18 Rooms10 Beds6 Baths4,200 Square FeetIncome Property
$2,500,000 $2,700,000
floors / apts3 / 6
Lot Size28'x50'
Built Size28'x50'
ZoneR6
Building TypeLow-Rise
RE Taxes$8,663
Price Per SF
$595
Listing Features
- High Ceilings
- Central AC
- Central Heat
Outdoor space and views
- Backyard
- City Views
Building Amenities
- Outdoor Parking
Property Description for 1476 Myrtle Ave
OMG!!!MYRTLE & GROVE !!!! 4200 SQ!!!6 UNIT!!PARKING PARKING PARKING 2 CARS
Welcome to 1476 Mrytle ave This rare 6 unit apartment building with parking features 5 gut renovated apartments which are free market and a smart income producing property !!!. There are (6) apartments with 1 bathroom apartments spread over 3 floors with one unit on each side equaling a total of approximately 4,200 sq ft. plus a full basement that with aprox. 9 1/2 foot ceiling that can be easily made in a laundry, storage and recreational area for tenants that will definitely add to rent value on each apartment . In addition the backyard can be used to potentially place 2-3 cars as the lot uniquely sits on 2 streets. It also features some charming touches like out door access to backyard from 2 apartments. It is a rare opportunity to purchase a 28 ft wide with 50 building in a booming area of Bushwick .
1476 Mrytle ave is only 2 short blocks from the L and M trains , Myrtle and wyckoff 7 minutes from the J, and Z lines. This is a prime Bushwick location with new art galleries, yoga studios, coffee shops and fantastic new restaurants cropping up every week including 6 Michelin rated restaurants like Le Garage, Amaranto, Faro and the incredible 2 Michelin starred restaurant Blanca only 5 minutes away. Forget about judging a neighborhood by how many starbucks are there, look at how many Michelin rated restaurants are here and don’t miss out on this incredible neighborhood’s rapid transformation.
Getting in on the ground floor of this blossoming neighborhood is an excellent investment!
Amenities
6 one bedroom flex 2 apartments
5 totally gut renovated apartments
5 apartments free market
virtual doorman
5 can be delivered vacant
*******being sold as is**************
******* apartments are registered legally as six 1 bedrooms or potenially be configured as flex 2 bed ***********
Welcome to 1476 Mrytle ave This rare 6 unit apartment building with parking features 5 gut renovated apartments which are free market and a smart income producing property !!!. There are (6) apartments with 1 bathroom apartments spread over 3 floors with one unit on each side equaling a total of approximately 4,200 sq ft. plus a full basement that with aprox. 9 1/2 foot ceiling that can be easily made in a laundry, storage and recreational area for tenants that will definitely add to rent value on each apartment . In addition the backyard can be used to potentially place 2-3 cars as the lot uniquely sits on 2 streets. It also features some charming touches like out door access to backyard from 2 apartments. It is a rare opportunity to purchase a 28 ft wide with 50 building in a booming area of Bushwick .
1476 Mrytle ave is only 2 short blocks from the L and M trains , Myrtle and wyckoff 7 minutes from the J, and Z lines. This is a prime Bushwick location with new art galleries, yoga studios, coffee shops and fantastic new restaurants cropping up every week including 6 Michelin rated restaurants like Le Garage, Amaranto, Faro and the incredible 2 Michelin starred restaurant Blanca only 5 minutes away. Forget about judging a neighborhood by how many starbucks are there, look at how many Michelin rated restaurants are here and don’t miss out on this incredible neighborhood’s rapid transformation.
Getting in on the ground floor of this blossoming neighborhood is an excellent investment!
Amenities
6 one bedroom flex 2 apartments
5 totally gut renovated apartments
5 apartments free market
virtual doorman
5 can be delivered vacant
*******being sold as is**************
******* apartments are registered legally as six 1 bedrooms or potenially be configured as flex 2 bed ***********
Building Details for 1476 Myrtle Ave
OwnershipIncome Property
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/6
Transit and Citi Bike
Subway
Myrtle-Wyckoff Avs
0.17 miles
Knickerbocker Av
0.22 miles
DeKalb Av
0.37 miles
Seneca Av
0.48 miles
Citi Bike
Myrtle Ave & Grove St
0.02 miles
Myrtle Ave & Linden St
0.12 miles
Bushwick | Brooklyn
Quick Profile
As one of the most diverse neighborhoods in New York, Bushwick offers a perfect snapshot of just how multicultural the city is. Long-established as an amalgam of cultures and ethnicities, a wave of varying types of immigrants trickled in from the seventeenth to twentieth centuries, with Bushwick largely becoming a home to Hispanics of Puerto Rican and Dominican backgrounds by the latter part of the twentieth century.
With the Bushwick Initiative of the mid-00s that aided in revitalization, it became an attractive area to young professionals and artists. And even now, Bushwick has sustained affordable rent prices where other North Brooklyn counterparts, like Williamsburg and Greenpoint, have become more expensive. Priding itself on the weird and the wacky, numerous art collectives thrive in this part of Brooklyn, once famously named the seventh coolest neighborhood in the world by Vogue.
Though it has drawn in many tourists in recent years (there’s even a graffiti tour you can take from the Bushwick Collective), the neighborhood remains very much community-oriented, and has not been subject to quite the same sort of corporate infiltration phenomenon of its nearby Williamsburg environs.
But yes, of course, Bushwick has come a very long way from its 80s and 90s reputation as being “The Well,” a nickname given to it for its free-flowing and widely available amount of drugs (quantity over quality being the cliche applied here).
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: 77875TH
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