551 Myrtle Ave, Brooklyn, NY

Listing agent Gregory Bartlett

Listing office RBM Brokerage Show Phone

Listing date Dec 16, 2024

Source Moodyscre

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Overview

This is a seven-unit mixed-use corner building. The four-story walk-up building features a new facade upgrade. There is parking available, including a two-car garage attached to the building. The building comprises six one-bedroom rent-stabilized apartments. A commercial store occupies the ground floor and basement. The ownership recently invested $200,000 in facade upgrades. The building uses oil fuel, with a single water heater supplying all apartments. There is an opportunity to upgrade the plumbing and heating by separating all utilities and to install coin-operated laundry. DHCR information is available. Violations exist. The property is for sale as-is, with no contingencies.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Brooklyn

County

Kings

State

New York

Longitude

-73.9621

Latitude

40.6941

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FAQs

What type of property is this?

Mixed-use property - Seven-unit mixed-use building with recent facade upgrades and parking.

Where is this mixed-use property located?

The property is located at 551 Myrtle Ave Brooklyn, NY.

What is the asking price?

The asking price for this property is $2,750,000.

What are key features of this property?

This property features: Mixed‑use corner building featuring a commercial store and 6 rent‑stabilized apartments.; Recent $200,000 facade upgrade.; Parking available with a two‑car garage.