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1260 Myrtle Ave
Brooklyn, NY 11221
Multifamily Property For Sale · 4 Units

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INVESTMENT HIGHLIGHTS

  • 100% Occupied & Cash Flowing
  • Block-through property with separate rear street access to upper floors
  • Steps to Central Ave [M] train and short walk to Myrtle Avenue [J,M,Z]
  • 4 Renovated Free Market Apartments Over Bar / Lounge
  • Low taxes within protected Tax Class 2A

PROPERTY FACTS

Price Per Unit $826,998 CAD
Sale Type Investment
Cap Rate 7%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.04 AC
Building Size 4,359 SF
No. Stories 3
Year Built 1930
Opportunity Zone Yes
Zoning R6, C2-3 - Medium density residential district Commercial district predominantly residential in character

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03227-0031
Land Assessment
$105,335 CAD
Improvements Assessment
$388,979 CAD
Total Assessment
$494,314 CAD
  • Listing ID: 37878026

  • Date on Market: 2025-09-30

  • Last Updated:

  • Address: 1260 Myrtle Ave, Brooklyn, NY 11221

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