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372 Myrtle Avenue

$3,275,000 ($862 per ft2) | 4 beds, 3 baths | Approx. 3,800 ft2
Building Profile  | 
102 days on Market

Key Details

  • Listed: Jun 6, 2024
    Days on Market: 102
    Building Type: Condominium
    Neighborhood: Fort Greene (Brooklyn)
Monthly Real Estate Taxes: $400
Total Taxes & Fees: $400 ($0.11/ft2)
Est. Monthly Mortgage: $16,285
Total Est. Monthly Carrying Cost: $16,685 ($4.39/ft2)
Note: the above is based on a down payment of 20% ($655,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This large 4-bedroom, 3-bathroom condominium is located in the prime Fort Greene neighborhood, adjacent to a large landmarked district and in close proximity to two large new condo developments.
  • Beloved Local Institution: The building houses Thai Holic, one of Fort Greene's most beloved institutions, adding to the appeal of the property.
  • Spacious and Charming: The apartments feature high ceilings and over 1300 square feet of interior space, with the building retaining many original details that add to its charm and character.
  • Investment Opportunity: This property offers value-add opportunities for savvy investors in both residential and commercial spaces, with low monthly real estate taxes and fees.
  • Stable and Well-Maintained: The property has been owned by the same owner for 20 years, indicating stability, and the building, constructed in 1969, has been well-maintained.
  • Mixed-Use Property: The building is a mixed-use property, providing potential for diverse income streams, and its three floors provide a sense of spaciousness.

Description

Massive mixed use building in prime Fort Greene for sale for the first time in 20 years! Own a piece of Brooklyn’s most dynamic neighborhood. This location benefits from being adjacent to one of Brooklyn’s largest landmarked districts, and within three blocks of two large new condo developments, on Myrtle Avenue at Vanderbilt, and at Carlton.

The retail space is occupied by one of Fort Greene’s most beloved institutions, Thai Holic. The two free market apartments boast high ceilings, 1300+ square feet of interior space, and copious original details. Value-add opportunities abound for the savvy investor in both the residential and commercial spaces. Contact me for more information, or to schedule a tour, today.

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Listing courtesy of Compass

Pricing History

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About 372 Myrtle Avenue

Building Amenities

  • Post War

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Subways

  1. G
at Washington Ave and Lafayette Ave 0.41 miles
  1. C
at Portland Ave and Fulton Ave 0.49 miles