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1260 Myrtle Avenue
Brooklyn NY 11221 US

$2,250,000

Active Listing ID 11883485
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8 bed
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4,359 square feet
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5.00 Bath (4 Full , 1 Half)
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Lot: 0.04 Acres
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Other

$2,250,000

Active Listing ID 11883485
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1260 Myrtle Avenue Mixed-use investment property in the heart of Bushwick 100% occupied with immediate cash flow Four renovated free-market apartments above an established bar/lounge Stable ground-floor commercial tenant with a long-term lease Approx. 4, 359 SF building on a 29-foot-wide lot Second-Floor access to an unused Balcony with outdoor space potential Strong in-place income with significant upside potential 7.85% in-place cap rate 9.33% potential cap rate Net Operating Income: $177, 786 annually Protected Tax Class 2A with low annual real estate taxes Block-through property with separate rear street access to the residential units Separate residential entrance for enhanced privacy R6 / C2-3 zoning offering long-term flexibility Located in one of Brooklyn's strongest rental and retail corridors Steps from the Central Avenue M train and a short walk to the Myrtle Avenue J/M/Z station Surrounded by restaurants, cafes, nightlife, and neighborhood retail Ideal opportunity for investors seeking stable cash flow with long-term appreciation potential

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Property Features

  • Facts
  • Lot Size: 0.04 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • 1/2 Bathrooms: 1
  • Floor Covering: Hardwood
  • Additional Features
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2250000
  • unparsedaddress: 1260 Myrtle Avenue
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11221
  • bathroomsfull: 4
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0402
  • lotsizeunits: Acres
  • lotsizearea: 0.0402
  • livingarea: 4359
  • livingareaunits: Square Feet
  • latitude: 40.697773
  • longitude: -73.926927
  • listagentfullname: Emma Barattini
  • listagentemail: amanda@evrgrealty.com
  • listagentkey: 3yd-NYSMLS-107837
  • listagentmlsid: 107837
  • listagentpreferredphone: 646-838-1378
  • listagentofficephone: 6468381378
  • listofficekey: 3yd-NYSMLS-15081
  • listofficemlsid: 15081
  • disclaimer: Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • yearbuilt: 1930
  • listingcontractdate: 2026-07-13
  • listagentfax: 6468381378
  • countyorparish: Kings
  • flooring: Hardwood
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 3, Bathroom 2, Bedroom 8, Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 5, Bathroom 5, Bedroom 4, Bedroom 2, Bedroom 7, Bathroom 3, Bedroom 6
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.926926, 40.697773
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EVERGREEN REALTY & INVESTMENTS", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"amanda@evrgrealty.com", "ListBrokerageCity":"RIDGEWOOD", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"EVERGREEN REALTY & INVESTMENTS", "ListBrokeragePhone":"646-838-1378", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"5825 Myrtle Avenue Office 2A", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" 5825 Myrtle Avenue Office 2A", "ListOfficeAddress2":"", "ListOfficeBrokerMlsId":"15081", "ListOfficeCity":"RIDGEWOOD", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"11385", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Brooklyn, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1260-Myrtle-Ave_Brooklyn_NY_11221_M34377-58353?f=listhub&s=NYSMLS&m=11883485&c=rexren", "MLSModificationTimestamp":"2026-08-05 22:03:15", "Neighborhoods":[{"Description":null, "Name":"Bushwick"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4694, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/6/2026 5:40:21 AM GMT
Source Updated Date: 8/12/2026 12:56:16 AM GMT

Courtesy of: Emma Barattini, EVERGREEN REALTY & INVESTMENTS, amanda@evrgrealty.com

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.