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Mixed-Use Multifamily Building
For Sale
Contact for pricing
Pending

962 Myrtle Ave, Brooklyn, NY 11206

Four-story building with 8 units and 1 leased commercial space, generating residential and commercial income.

Days on Market112

Property Features for 962 Myrtle Ave

General Information

Standard status Pending
Property subtype Retail, Multifamily, Office, Mixed Use

Additional Details

Multifamily Units 7

Building Details

Stories 4
Listing Agency: Golden Star Realty Group
Listed By: Joe Goldberg
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Jul 30 at 4:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Golden Star Realty Group

Investment Insights

Based on property information with market context.

962 Myrtle Avenue is a four-story mixed-use building in Brooklyn featuring 8 total units, including 1 commercial space and 7 residential units. The commercial space is leased, and the property combines rental income from both the retail/commercial component and the residential units.

The building is positioned near public transportation and a variety of dining and retail options, supporting convenient day-to-day access for residents and commercial tenants.

According to the provided information, total gross income is $191,145, with the commercial space currently rented for $30,000.

Key Highlights

  • Four‑story building at 962 Myrtle Avenue with 8 units plus 1 commercial space
  • Commercial space is leased for $30,000
  • Total gross income of $191,145 from residential and commercial units

Property Analytics

Current Use

Barbie Nail Spa Nail Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Veterinary Clinic

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

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

5,377
Businesses Nearby

Demographics for 11206, NY

91,549
Population
34,838
Households
2.6
Avg Household Size
30
Median Age
36%
College-Educated
77%
High-School Grad
1.4 sq mi
ZIP Area
65,392
Density / Sq Mi
$57,280
Median Household Income
$44,145
Median Earnings
$1,558
Median Rent
$822,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four-story building with 8 units and 1 leased commercial space, generating residential and commercial income.
Where is this apartment building located?
The property is located at 962 Myrtle Ave Brooklyn, NY.
What are key features of this property?
This property features: Four‑story building at 962 Myrtle Avenue with 8 units plus 1 commercial space; Commercial space is leased for $30,000; Total gross income of $191,145 from residential and commercial units
More about this property
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