11 days on rocket

1316 Myrtle Ave, Brooklyn, NY, 11221

$1,250,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
1,754 SqFt
$713/SqFt
Multi

Location

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1316 Myrtle Ave, Brooklyn$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1931
HeatingNatural Gas, Baseboard
CoolingWindow Unit(s)
BasementYes
MLS #H6335272
Lot Size0.03 Acres
StatusActive
(A)

About 1316 Myrtle Ave

Prime investment opportunity at 1316 Myrtle Ave, Brooklyn, NY 11221! This two-unit property features two 2-bedroom, 1-bath apartments, each in good condition. Both units have month-to-month tenants, providing flexible rental potential. Located in a qualified Opportunity Zone, this property is just a 20-minute commute to Manhattan, making it ideal for city-bound professionals. Close to the M, J, and Z subway lines, you're connected to all NYC has to offer. Set in the heart of Bushwick, near the vibrant Bedford-Stuyvesant border, enjoy a neighborhood rich in cafes, art, and dining. An excellent Brooklyn investment don't miss out!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1931
  • Living Area: 1,754 SqFt

Listing Office:

  • Office Name: Halo Realty Properties LLC
  • Office Phone: (848) 229-1810

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: 1316 Myrtle Ave, Brooklyn, NY 11221, is located on Myrtle Avenue between Grove Street and Linden Street in the Bushwick neighborhood, near the Bedford-Stuyvesant border. Easily accessible from main routes, it's just a short commute from Manhattan.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $713/SqFt

Tax Information:

  • Annual Amount: $5,708
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

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Brooklyn, NY

City

Med. Sold Price

$984.4K

Med. Price/SqFt

$696

Avg. Days On Market

97

# of Sold Homes

436

1316 Myrtle Ave vs Brooklyn

11 DAYS ON ROCKET

-86 Days

$1,250,000

+$265.5K More

$713/SqFt

+$16 More

KEY TAKEAWAY

This property is $265.5K more than the Median Sold Price and $16/SqFt more than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6335272

Listing Office:

  • Office Name: Halo Realty Properties LLC
  • Office Phone: (848) 229-1810

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/15/2024, 10:56:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 25, 2007Home Sold
$310,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,708$25,440
2019$5,707$31,980
2018$6,212$52,744
2017$6,029$48,838

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-33583
8
/10

  • P.S. 376 Brooklyn

  • 194 Harman St

  • 0.16 miles

  • Public District Grades KG-5

school-card-donut-33584
9
/10

  • Success Academy Charter School-Bushwick

  • 139 Menahan St

  • 0.25 miles

  • Public Charter Grades KG-4

school-card-donut-33585
5
/10

  • P.S. 86 The Irvington School

  • 220 Irving Ave

  • 0.34 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,239. Most Brooklyn, NY residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11221›1316 Myrtle Ave

This home is located at 1316 Myrtle Ave in Brooklyn, NY and zip code 11221 in the Bushwick neighborhood. This 1,754 square foot home, which was built in 1931, sits on a 0.03 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $1,250,000.

While more than 50 listings in Brooklyn, NY in October 2024 were sold above asking price, there were more than 217 listings sold at asking price, and more than 169 were sold below. In October 2024 in Brooklyn, NY there were 0.1% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $984,431, while the average time on the real estate market was 97 days.

From Rocket Homes Real Estate and based on county public records data.

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