1524 Myrtle Ave #BLD, Brooklyn, NY 11237

OWNER WILLING TO HOLD A NOTE Two buildings on one lot Total Size: 4,180 SF (3,520SF Myrtle + 660 SF Gates) Unit Mix: 3 Apartments • 1 Store • 2 Garages Apartment 1: 2 Bed / 1 Bath – Washer/Dryer in unit Apartment 2: 2 Bed / 1 Bath – Washer/Dryer in unit Apartment 3: Studio Apartments feature hardwood floors, exposed brick, and quality finishes Two on-site garages, a scarce and highly valued amenity in the neighborhood Prime location near Myrtle-Wyckoff Subway Station (L & M lines) Commercial tenant pays 55% of expenses, with 3% annual rental increases. Lease expiring November 30th, 2034. Mixed-use configuration provides diversified and stable income Perfect for a 1031 buyer who wants passive income. Positioned for secure cash flow with upside potential. Experienced management team ready to handle all operations from day one Actual cap rate with projected vacant rents: 8.02%