Building Details

Number of units 1

Flooring type Ceramic

Building materials Brick

Roof type Asphalt

Listing Agency: 1st Premier Realty Network Inc Show Phone

Listed By: Khaled (Charles) Farraj · License #KF8815 Show Phone

Added: Jul 9 Changed: Aug 21 Last Checked: Aug 24 at 3:06PM

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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 conventional restaurant property contains 3028 square feet of commercial space on a 0.0459-acre parcel. The improvements feature brick construction, ceramic flooring, and an asphalt roof. The property is described as a fully equipped restaurant and is located at 407 Myrtle Avenue in Brooklyn’s Clinton Hill area. Zoning is designated X.

Key Highlights

• Fully equipped conventional restaurant property
• 3028 square feet of commercial space
• 0.0459‑acre parcel

Property Analytics

Property Profile

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

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - A brick commercial restaurant with ceramic flooring and an asphalt roof occupies a Brooklyn property.

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: Fully equipped conventional restaurant property; 3028 square feet of commercial space; 0.0459‑acre parcel