1260 Myrtle Ave

1260 Myrtle Avenue presents a rare opportunity to acquire a 100% occupied mixed-use investment property in the heart of Bushwick, featuring four renovated free-market apartments above an established bar/lounge and a stable long-term commercial tenant generating immediate cash flow. Situated on a 29-foot-wide lot with approximately 4,359 square feet, the property offers strong in-place income, a 7.85% in-place cap rate, a 9.33% potential cap rate, and an annual Net Operating Income of $177,786, providing exceptional upside for investors. Additional highlights include an existing second-floor balcony with outdoor space potential, a block-through layout with separate rear street access to the residential units, a private residential entrance, and Protected Tax Class 2A with low annual real estate taxes. Located within R6/C2-3 zoning, the property offers long-term flexibility and sits in one of Brooklyn's strongest rental and retail corridors, just steps from the Central Avenue M train and a short walk to the Myrtle Avenue J/M/Z station, surrounded by popular restaurants, cafés, nightlife, and neighborhood retail. This is an outstanding opportunity for investors seeking stable cash flow with long-term appreciation potential.