Douglas Elliman, as exclusive agent, is thrilled to offer for sale an INCREDIBLE DEVELOPMENT OPPORTUNITY; In offering the assemblage of 471, 473, 475-477, 479 and 481 Myrtle Avenue, Clinton Hill Brooklyn. These Five buildings represent a large contiguous offering (all same ownership) to develop a singular 9 story property along Myrtle Avenue cornering on Hall Street in the prime Clinton Hill neighborhood of Brooklyn. This presents a development opportunity to construct a 9-story mixed use of approximately 60,000 +/- Gross SF property (including cellar) of residential with ground floor retail space. The Property is located within one block of Pratt Institute. This is a rare opportunity to develop a newly constructed mixed-use property to high standards. The property is partially tenanted with residential and retail space. There is current reoccurring income until development plans are in place. Setup available upon request.
Listed By
Agency Name: Douglas Elliman Real Estate
Agency Phone: (212) 891-7000
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimated Payment
$ 51,037.81 per month $41,172.98 Principal & Interest $4,469.00 Property Tax $5,395.83 Homeowner's InsuranceSend an email with a link to
471-481 Myrtle Avenue, Brooklyn, NY 11205.
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471-481 Myrtle Avenue | MLS# RLS20043046
This home located at 471-481 Myrtle Avenue, Brooklyn, NY 11205 is currently listed for sale with an asking price of $18,500,000. This property has 10 bedrooms and 7 full and 5 partial baths. 471-481 Myrtle Avenue is located in the Clinton Hill subdivision. Search Clinton Hill real estate on www.joycerealty.com today.