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471-481 Myrtle Avenue, Brooklyn, NY 11205

$18,500,000
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Active
BEDS10 BATHS7 full 5 partial MLS#RLS20043046
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONClinton Hill

Property Description

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.

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.

Property Features

Property Type: Residential -
Basement: Other
Garage: 10
Stories: 1.0
Taxes: $53,628

Amenities

Smoke Free
Private Outdoor Space Over 60 Sqft

Feature Descriptions

Building Features: Green Building
Days on Site: 319
Laundry: In Unit
Parking: Assigned, Garage
Parking Notes: Assigned, Garage
Patio/Porch: None
Pets Allowed: Building Yes, No
Special View Info: Other
Units: 1

Listed By / Shown By

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 Insurance

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