Updated 6 years ago
Off Market
1301-1305 Myrtle Ave
Bushwick, Brooklyn | Hart Street & Cedar Street
22 Beds22 Baths33,000 Square FeetDevelopment Site
$7,000,000 $8,000,000
Building TypeDevelopment Site
RE Taxes$40,294
Price Per SF
$212
Property Description for 1301-1305 Myrtle Ave
OMG!!Introducing 1301-1303-1305 MYRTLE AVE & 93 CEDAR ST , A total of 4 lots already combined
!!!!DEVOPEMENT KNOCKS!!!! Introducing 1301-1303-1305 MYRTLE AVE & 93 CEDAR ST , A total of 4 lots already combined perfect for development of condos or residential apartments . There is also a 5th lot adjoining this enormous lot that can add an additional 3,500 aprox sq inquire about additional information regarding 5th lot. Currently the 4 lots are set up as a vacant lot on 1301 Myrtle ave, 2 unit and store front on 1303 Myrtle ave, and super market located at 1305 Myrtle ave & 93 Cedar st. Mrytle ave is only 1 short blocks from M trains and 7 minutes from the J, L 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.
Approximately, 7,000sf lot build up to aprox 33k Commercial over lay c2-4 max far is 2.0 max floor area is 14,000sf total. Commercial max far is 4.8 max floor area is 33,600sf total, Possibility of 25 residential rental or condo building.
Getting in on the ground floor of this blossoming neighborhood is an excellent investment!
*******being sold as is**************
!!!!DEVOPEMENT KNOCKS!!!! Introducing 1301-1303-1305 MYRTLE AVE & 93 CEDAR ST , A total of 4 lots already combined perfect for development of condos or residential apartments . There is also a 5th lot adjoining this enormous lot that can add an additional 3,500 aprox sq inquire about additional information regarding 5th lot. Currently the 4 lots are set up as a vacant lot on 1301 Myrtle ave, 2 unit and store front on 1303 Myrtle ave, and super market located at 1305 Myrtle ave & 93 Cedar st. Mrytle ave is only 1 short blocks from M trains and 7 minutes from the J, L 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.
Approximately, 7,000sf lot build up to aprox 33k Commercial over lay c2-4 max far is 2.0 max floor area is 14,000sf total. Commercial max far is 4.8 max floor area is 33,600sf total, Possibility of 25 residential rental or condo building.
Getting in on the ground floor of this blossoming neighborhood is an excellent investment!
*******being sold as is**************
Building Details for 1301-1305 Myrtle Ave
OwnershipDevelopment Site
Building TypeDevelopment Site
AgePre-War
AccessWalk-up
Year Built1931
Transit and Citi Bike
Subway
Knickerbocker Av
0.06 miles
Myrtle-Wyckoff Avs
0.33 miles
DeKalb Av
0.36 miles
Central Av
0.46 miles
Citi Bike
Greene Ave & Myrtle Ave
0.02 miles
Irving Ave & Harman St
0.17 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: 78076TH
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