Renovated Mixed-Use
For Sale
Contact for pricing
402-406 Myrtle Ave, Brooklyn, NY 11205
Includes retail space and 12 free-market residential units.
Property Size11,687 SF
Lot Size0.10 Acres
Days on Market433
Property Features for 402-406 Myrtle Ave
General Information
Standard status
Active
Size
11,687 SF
Net Rentable
11,687 SF
Elevators
Yes
Lot size
0.10 Acres
Property subtype
Retail, Mixed Use
Occupancy
92%
Site & Location
Corner Location
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
4 x studio, 6 x 1BR, 1 x 2BR, 1 x 4BR
Multifamily Units
12
Amenities
exclusive community rooftop
Building Details
Tenancy
Multi
Listing Agency:
Meridian Capital Group
Listed By:
David Schechtman · License #10301211874
(212) 468-5907
Source:
Crexi
Added: Jul 2, 2025
Changed: Sep 6
Last Checked: Sep 7 at 5:33AM
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 Meridian Capital Group
Investment Insights
Based on property information with market context.
This mixed-use property combines a 3,600-square-foot retail unit with 12 free-market residential apartments across 11,687 rentable square feet. The retail component is leased to JP Morgan Chase Bank through 2029, while the residential portion is 92% occupied. The apartment mix includes four studios, six one-bedroom units, one two-bedroom unit, and one four-bedroom unit. Building improvements include renovations completed at 402 Myrtle Avenue in 2017 and 406 Myrtle Avenue in 2009. Residents at 402 Myrtle Avenue have access to an elevator and a private community rooftop.
The property occupies a 4,427-square-foot lot at the corner of Vanderbilt and Myrtle Avenues in Brooklyn’s Fort Greene neighborhood. Nearby context includes Fort Greene Park and the Brooklyn Academy of Music. Transit options include Atlantic Terminal, the G train at Clinton-Washington Avenues, and B38 and B52 bus service.
The property occupies a 4,427-square-foot lot at the corner of Vanderbilt and Myrtle Avenues in Brooklyn’s Fort Greene neighborhood. Nearby context includes Fort Greene Park and the Brooklyn Academy of Music. Transit options include Atlantic Terminal, the G train at Clinton-Washington Avenues, and B38 and B52 bus service.
Key Highlights
- 11,687 rentable square feet on a 4,427‑square‑foot lot
- 3,600‑square‑foot retail unit leased to JP Morgan Chase Bank through 2029
- 12 free‑market residential units with 92% occupancy
Property Analytics
Current Use
Lease Details
12
Residential units
92%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6,855
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes retail space and 12 free-market residential units.
Where is this mixed-use property located?
The property is located at 402-406 Myrtle Ave Brooklyn, NY.
What are key features of this property?
This property features: 11,687 rentable square feet on a 4,427‑square‑foot lot; 3,600‑square‑foot retail unit leased to JP Morgan Chase Bank through 2029; 12 free‑market residential units with 92% occupancy
