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Fully Equipped Restaurant
For Sale
$40,000

407 Myrtle Avenue, Brooklyn, NY 11205

COMMERCIAL - Brooklyn, NY

Property Size3,028 SF
Lot Size0.05 Acres
Price / SF$13.21
Days on Market31

Property Features for 407 Myrtle Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning X
Basement Full
Subdivision Clinton Hill
Standard status Active
Size 3,028 SF
Lot size 0.05 Acres

Building Details

Number of units 1
Flooring type Ceramic
Building materials Brick
Roof type Asphalt
Listing Agency: Weichert Realtors 1st Premier
Listed By: Khaled (Charles)Farraj · License #KF8815
Added: Jul 9 Changed: Aug 4 Last Checked: Aug 8 at 4:06AM
MLS# 502911

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,028-square-foot restaurant property is located at 407 Myrtle Avenue in Brooklyn’s Clinton Hill neighborhood. The offering includes a fully equipped restaurant configuration within a brick building, providing an established physical setting for continued restaurant use.

The property carries X zoning and is identified in the 11205 postal area of Brooklyn, Kings County. Interior finishes include ceramic flooring, while the building has an asphalt roof. Its position on Myrtle Avenue places the property within the Clinton Hill commercial environment and near Downtown Brooklyn.

Key Highlights

  • 3,028‑square‑foot restaurant property
  • Fully equipped restaurant setup
  • Brick construction

Property Analytics

Current Use

Stress Management and Mindfulness ... Life Coach Damas Falafel House Restaurant

Suggested Use

Top Pick Nursing Home Law Firm Pet Grooming Service Tanning Salon Adult Day Care (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,855
Businesses Nearby
71k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 48% Dining 25% Groceries 10% Home Improvements & Furnishings 8%
Citgo Shops & Services
12,010 visits/mo 0.5 miles
Chase Bank Shops & Services
11,069 visits/mo 0.0 miles
Bravo Supermarkets Groceries
7,424 visits/mo 0.2 miles
Bank of America Shops & Services
7,074 visits/mo 0.1 miles
Dunkin' Donuts Dining
6,574 visits/mo 0.3 miles

Demographics for 11205, NY

50,474
Population
19,200
Households
2.6
Avg Household Size
30
Median Age
52%
College-Educated
86%
High-School Grad
1.2 sq mi
ZIP Area
42,062
Density / Sq Mi
$86,753
Median Household Income
$59,901
Median Earnings
$2,307
Median Rent
$892,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property in Clinton Hill with brick construction, ceramic flooring, and equipment in place.
Where is this conventional restaurant located?
The property is located at 407 Myrtle Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: 3,028‑square‑foot restaurant property; Fully equipped restaurant setup; Brick construction
More about this property
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