584 Myrtle Ave - Apartments FOR SALE


Brooklyn, NY 11205- Clinton Hill
$6,500,000 USD
212-658-0979
584 Myrtle Ave, Brooklyn, NY for Sale
$6,500,000 USD
Apartments - FOR SALE
1/6
null | 5.38% Cap Rate

584 Myrtle Ave
Brooklyn, NY 11205
Clinton Hill


OVERVIEW

• Corner, mixed-use building consisting of 8 apartments and 1 commercial space • 88% Free Market • Protected Tax Class 2B • 3,377 SF of available Air Rights • Value-add potential with rents approximately 20% below the market rate • Located in Brooklyn’s sought-after Clinton Hill neighborhood, this property offers unmatched access to dining, shopping, parks, and transportation • Within walking distance to the Classon Ave Station ( train)

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$789 USD /SF

# OF UNITS

8

PRICE/UNIT

$812,500

CAP RATE

5.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1932

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,893 SF

ZONING

C2-4/R7A

APN/PARCEL ID

01909-0032

ASK ABOUT THIS PROPERTY

Lev MavashevAlpha RealtyMore Info
212-658-0979

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Lev MavashevAlpha RealtyMore Info
212-658-0979

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.