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In Contract

525 Myrtle Avenue, #404

$700,000 | 1 bed, 1 bath
Building Profile  | 
66 days on Market

Key Details

  • Listed: Sep 19, 2024
    Days on Market: 66
    Building Type: Condominium
    Neighborhood: Clinton Hill (Brooklyn)
Monthly Common Charges: $398
Monthly Real Estate Taxes: $57
Total Taxes & Fees: $455
Est. Monthly Mortgage: $3,737
Total Est. Monthly Carrying Cost: $4,192
Note: the above is based on a down payment of 20% ($140,000), which is the minimum amount permitted by the building.

Description

Welcome to Apartment 404: a charming one-bedroom condo located in trendy Clinton Hill. Whether you’re a first-time homebuyer or investor, this home offers everything you need - and more.

This unit boasts a smart layout with abundant natural light, making every room feel airy and bright. The oversized windows are back-facing, allowing for quiet enjoyment.

The living/dining room is complimented by a private balcony that’s perfect for morning coffee or evening relaxation. The modern kitchen sports a stainless steel appliance package along with an in-unit W/D. The queen-sized bedroom includes ample storage, and has space for additional furniture.

The generous bathroom is outfitted with a deep soaking tub, triple-paned medicine cabinet, and chic floor-to-ceiling tile. Finally, this unit comes with a huge deeded storage unit that, along with shockingly low carrying costs (thanks to an abatement), helps make this turn-key home a dream investment.

The Clinton House Condominium is a well-maintained, 25-unit elevator building. Residents have unfettered access to the full gym and spacious rec room, which is set up for meetings, game nights, dinner parties, and more.

The building also has multiple outdoor areas complete with gas grill, seating, and nearby common bathroom. 525 Myrtle is pet-friendly, has bike storage, a secure package room, and a virtual doorman. Originally built in 2017, there isa 421A tax abatement in effect until 2032.

Clinton Hill has undergone significant change in the last decade.

Across the street is the Myrtle Plaza, which is leading the way in neighborhood amenities along with the massive Navy Yard, where one can find Wegmans, Brooklyn Grange, Steiner Studios, a 60,000 sqft food hall, an East River ferry dock, a gigantic new music venue, and more. This historic neighborhood is also home to Pratt Institute’s beautiful public arts gardens. With the Classon G train and East River Ferry only a stone’s-throw away, what more could you ask for?

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Apartment Amenities

  • Northern Exposures
  • Balcony
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 525 Myrtle Avenue

Building Amenities

  • Resident Storage
  • Garden
  • Elevator
  • Lounge
  • Fitness Center
  • Courtyard
  • In-Unit Washer/Dryer
  • Virtual Doorman

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Subways

  1. G
at Classon Ave and Lafayette Ave 0.40 miles