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578 Myrtle Avenue

578 Myrtle Avenue, Brooklyn, NY 11205
Commercial in Clinton Hill
3 Units
1 Units For Sale
Unit for sale at 578 MYRTLE Avenue, Brooklyn, NY 11205

$2,495,000

  • Loft
  • 3 Baths
  • 3,200 ft²
578 MYRTLE Avenue, Brooklyn, NY 11205 Listing by Behzad Amiri

The building on the property was first built in 1910 and is 114 years old. The building has a total of 3 stories. The linear feet between the front and back of the lot is 99 ft and across the front of the lot is 20 ft.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The total value of the property was assessed at $93,300. Specifically, the land the property is located on was valued at $10,500. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.

Building Features

Parking

Garage Parking

Outdoor Space

Garden

Laundry

Washer / Dryer Allowed

Building Style

Prewar
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220913
09/13/2022
Loft
-
-
$2,580,000
bedrooms
Loft
bathrooms
-
-
-
-
Scarlett Zeng
Oxford Property Group USA
20210817
08/17/2021
Loft
3 Bath
3200 ft²
$2,480,000
bedrooms
Loft
bathrooms
3 Bath
square feet
3200 ft²
-
-
-
Scarlett Zeng
Oxford Property Group USA
20170221
02/21/2017
Studio
-
-
$2,500,000
bedrooms
Studio
bathrooms
-
$2,240,000 -10.40%
04/28/2017
Jevon Gratineau
Brown Harris Stevens Residential Sales LLC

Building Info

Overview

    General

  • Year Built: 1910
  • Building Count: 1
  • Floor Count: 3
  • Total Unit Count: 3
  • Residential Unit Count: 2
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 1,980
  • Lot Size Depth Feet: 99
  • Lot Size Frontage Feet: 20
  • Building Depth: 40
  • Building Frontage: 20
  • Gross Building Area: 3,200

    Building Floor Area

  • Residential Building Floor Area: 1,600
  • Commercial Building Floor Area: 1,600
  • Retail Building Floor Area: 800
  • Other Building Floor Area: 800

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 4
  • Facilities Floor Area Ratio: 4

Building

  • Building Type: S2
  • Lot Type: 5
  • Land Use: 04
  • Irregular Lot Code: Y
  • Proximity Code: 3
  • Extension Code: N

Neighborhood

  • Community District: 302
  • City Council District: 35
  • Police Precinct: 88
  • Fire Company: L119
  • Health Area: 1300
  • 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: 1909
  • Lot: 30
  • Borough Block Lot: 3019090030

    Address

  • Full Address: 578 Myrtle Avenue
  • Zip Code: 11205

Valuation

    Assessments Valuation

  • Assessed Total Value: $93,300
  • Assessed Land Value: $10,500

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

About Northwestern Brooklyn




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Frequently Asked Questions

What neighborhood is 578 Myrtle Avenue located in?
The 578 Myrtle Avenue is a commercial located in the neighborhood of Clinton Hill in Northwestern Brooklyn, Brooklyn.
How many listings are currently for sale in 578 Myrtle Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 578 Myrtle Avenue?
The average sales price for units in 578 Myrtle Avenue is $2,500,000 , or $780/sqft. currently.

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