OMG!!!MYRTLE & GROVE !!!! 4200 SQ!!!6 UNIT!!PARKING PARKING PARKING 2 CARS
Welcome to 1476 Mrytle ave This rare 6 unit apartment building with parking features 5 gut renovated apartments which are free market and a smart income producing property !!!. There are (6) apartments with 1 bathroom apartments spread over 3 floors with one unit on each side equaling a total of approximately 4,200 sq ft. plus a full basement that with aprox. 9 1/2 foot ceiling that can be easily made in a laundry, storage and recreational area for tenants that will definitely add to rent value on each apartment . In addition the backyard can be used to potentially place 2-3 cars as the lot uniquely sits on 2 streets. It also features some charming touches like out door access to backyard from 2 apartments. It is a rare opportunity to purchase a 28 ft wide with 50 building in a booming area of Bushwick .
1476 Mrytle ave is only 2 short blocks from the L and M trains , Myrtle and wyckoff 7 minutes from the J, 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 dont miss out on this incredible neighborhoods rapid transformation.
Getting in on the ground floor of this blossoming neighborhood is an excellent investment!
6 one bedroom flex 2 apartments
5 totally gut renovated apartments
5 apartments free market
5 can be delivered vacant
*******being sold as is**************
******* apartments are registered legally as six 1 bedrooms or potenially be configured as flex 2 bed ***********
Bushwick, a neighborhood in the borough of Brooklyn, borders Ridgewood (Queens), Williamsburg, and Bedford-Stuyvesant. Bushwick, an industrial stronghold in Brooklyn, is considered a comparable (not to mention less expensive) alternative to nearby Williamsburg. Bushwick straddles both its historically Hispanic roots and the evolving artist scene to create a vibe entirely its own.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more