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471-481 Myrtle Ave Brooklyn, NY 11205

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For Sale
$18,500,000

Development opportunity in prime Clinton Hill, Brooklyn near Pratt Institute.

Source: Kw

Listing Agent: Stephen Oneal

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Clinton Hill Development Opportunity

An assemblage of five contiguous buildings at 471, 473, 475-477, 479 and 481 Myrtle Avenue in the Clinton Hill neighborhood of Brooklyn presents an incredible development opportunity. The property allows for the construction of a 9-story mixed-use building of approximately 60,000 square feet, including the cellar. The intended use is residential with ground floor retail space. The property is located within one block of Pratt Institute of Technology. The property is partially tenanted with residential and retail space, generating reoccurring income until development plans are implemented.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.966587
Latitude
40.693574

FAQs

What type of property is this?
Mixed-use property - Development opportunity in prime Clinton Hill, Brooklyn near Pratt Institute.
Where is this mixed-use property located?
The property is located at 471-481 Myrtle Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $18,500,000.
What are key features of this property?
This property features: - Incredible development opportunity in prime Clinton Hill, Brooklyn.; - Assemblage of five contiguous buildings under single ownership.; - Potential to develop a 9-story mixed-use property with approximately 60,000 +/- Gross SF.
More about this property
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