HOUSE
Address: ‎1524 Myrtle Avenue
Zip Code: 11237
5 bed, 3 bath, 4180ft2
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OFF
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ID # 11561219
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EVERGREEN REALTY & INVESTMENTS Office: ‍646-838-1378

OFF MARKET - 1524 Myrtle Avenue, Bushwick, NY 11237|ID # 11561219

ID #‎ 11561219
Details5 bed, 3 bath, garage, Lot Size: 0.04 acres, Interior: 4180 ft2, 388m2, Building has 3 floors
Construction Year1920
Garage TypeAttached
Broker Website
Broker Link
Bus1 min: B54
2 min: B13, B26, B52, Q55, Q58
6 min: B60
7 min: B38
Subway1 min: M
2 min: L
LIRR1.7 miles: "East New York"
2.3 miles: "Nostrand Avenue"
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房屋英文概況 English Description

OWNER WILLING TO HOLD A NOTE. Two buildings on one lot Total Size: 4,180 SF (3,520SF Myrtle + 660 SF Gates) Unit Mix: 3 Apartments • 1 Store • 2 Garages Apartment 1: 2 Bed / 1 Bath - Washer/Dryer in unit Apartment 2: 2 Bed / 1 Bath - Washer/Dryer in unit Apartment 3: Studio Apartments feature hardwood floors, exposed brick, and quality finishes Two on-site garages, a scarce and highly valued amenity in the neighborhood Prime location near Myrtle-Wyckoff Subway Station (L & M lines) Commercial tenant pays 55% of expenses, with 3% annual rental increases Mixed-use configuration provides diversified and stable income Perfect for a 1031 buyer who wants passive income. Positioned for secure cash flow with upside potential. Experienced management team ready to handle all operations from day one Actual cap rate with projected vacant rents: 8.23%. Tax abatement in place until July 2027.

Courtesy of EVERGREEN REALTY & INVESTMENTS

公司: ‍646-838-1378

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OFF
MARKET
HOUSE
ID # 11561219
‎1524 Myrtle Avenue
Bushwick, NY 11237
5 bed, 3 bath, 4180ft2


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