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525 Myrtle Avenue

525 Myrtle Avenue, Brooklyn, NY 11205
25 Units
525 Myrtle Avenue is a condo located in Clinton Hill, Brooklyn. The building was first built in 2015 and is 9 years old. It was first renovated and altered in 2015. The lot that the building was built on is 50 feet wide and 100 feet long. The official lot area is listed as 5,000 square feet. The building itself is 50 feet wide and 68 feet long. In total, 525 Myrtle Avenue has a total floor area of 17,839 square feet. Of that, 14,507 square feet are used for residential purposes. About 3,332 square feet of the building are used for commercial purposes. There are a total of 25 units. Of those, 22 are residential units. There are 3 commercial units. 525 Myrtle Avenue has a total of 7 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. Love to bike? Store your bike in the building's bike storage rather than your own apartment. Alternatively, take a stroll around the building's courtyard. Both dogs and cats are allowed in the building! There are 34 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 105 days The transaction that took the longest to complete was unit 302, listed on May 24, 2023 for $759,000. This particular unit ultimately sold 105 days later for $750,000. The most recent transaction was for unit 302, which was first advertised on May 24, 2023, sold for $750,000 on Sep 06, 2023. Fun fact, the oldest transaction we have on record took place on Oct 28, 1968. See the full transaction history for 525 Myrtle Avenue below.

Clinton Hill, where 525 Myrtle Avenue is located, has a median asking price of $1,599,000 for condo buildings. Meanwhile, the building itself has a median asking price of $750,000. For interested buyers, that means the building's median asking price is around 0.53% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Facilities

Bike Room
Fitness Center
Storage Available
Laundry Room

Outdoor Space

Courtyard

Laundry

Washer / Dryer Allowed

Ownership & Occupancy

Pied-à-Terre Allowed

Services

Virtual Doorman
Doorman

Pet Policy

Dogs Allowed / Cats Allowed

Condition

New Construction
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230524 Unit 302
05/24/2023
302
1 Bed
1 Bath
-
$759,000
bedrooms
1 Bed
bathrooms
1 Bath
$750,000 -1.19%
09/06/2023
Henry Yang
Modern Spaces

Building Info

Overview

    General

  • Year Built: 2015
  • First Altered Year: 2015
  • Building Count: 1
  • Floor Count: 7
  • Total Unit Count: 25
  • Residential Unit Count: 22
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 5,000
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 50
  • Building Depth: 68
  • Building Frontage: 50
  • Gross Building Area: 17,839

    Building Floor Area

  • Residential Building Floor Area: 14,507
  • Commercial Building Floor Area: 3,332
  • Office Building Floor Area: 243
  • Retail Building Floor Area: 3,089

    Floor Area Ratio

  • Built Floor Area Ratio: 4
  • Residential Floor Area Ratio: 4
  • Facilities Floor Area Ratio: 4

Building

  • Building Type: RM
  • Lot Type: 0
  • Land Use: 04
  • Irregular Lot Code: N
  • Proximity Code: 3

Neighborhood

  • Community District: 302
  • City Council District: 35
  • Police Precinct: 88
  • Fire Company: L119
  • Health Area: 1410
  • Sanitation District Borough: 3
  • Sanitation Subsection: 4E
  • School District: 14

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7A
  • Zoning Commercial Overlay 1: C2-4

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1893
  • Lot: 7505
  • Borough Block Lot: 3018937505

    Address

  • Full Address: 525 Myrtle Avenue
  • Condominium Number: 3920
  • Zip Code: 11205

Valuation

    Assessments Valuation

  • Assessed Total Value: $1,513,349
  • Assessed Land Value: $270,000

    Exemptions

  • Exempt Total Value: $1,114,243
  • Exempt Land Value: $0

About Northwestern Brooklyn



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Frequently Asked Questions

What neighborhood is 525 Myrtle Avenue located in?
The 525 Myrtle Avenue is a condo located in the neighborhood of Clinton Hill in Northwestern Brooklyn, Brooklyn.
What is the average sales price for listings in 525 Myrtle Avenue?
The average sales price for units in 525 Myrtle Avenue is $750,000 currently.

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