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603 Myrtle Ave, Brooklyn, NYC

Home › Listings › Brooklyn › 603 Myrtle Ave

$2,580,000
Active 3 days on market
MLS# 1071406

603 Myrtle Ave

📍 Brooklyn, Brooklyn, NY 11205

Other
Type

About this property

Rectangular interior development site located along the Myrtle Avenue commercial corridor in Bedford-Stuyvesant, Brooklyn. The property comprises approximately 1,896 SF of land, with approximately 20 feet of frontage and 92 feet of depth, currently improved by a single-story retail building of approximately 800 SF. Located in an R7A zoning district with a C2-4 commercial overlay, the property presents an opportunity for potential mixed-use redevelopment, subject to applicable zoning regulations and required approvals. Preliminary zoning calculations indicate approximately 7,584 SF of standard residential zoning floor area (4.00 FAR), with potential for up to approximately 9,499 SF (5.01 FAR
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Amenities & features

SINGLE-STORY RETAIL BUILDINGR7A ZONING DISTRICTC2-4 COMMERCIAL OVERLAYMIXED-USE REDEVELOPMENTDIRECT MYRTLE AVENUE FRONTAGEACCESS TO NEIGHBORHOOD RETAIL

Key facts

R7a zoning district
1,889 sq ft lot

Property details

Property typeOther
Listing statusActive
Lot size1,889 sqft
Days on market3 days
MLS #1071406

Estimated monthly payment

Listing price$2,580,000
Down payment (20%)$516,000
Loan amount$2,064,000
Principal & interest (7%, 30yr)$13,731/mo
Property tax (est.)$2,509/mo
Home insurance (est.)$1,075/mo
Estimated total$17,315/mo

Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.

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