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4-Unit Multifamily Building

584 Myrtle Avenue, Brooklyn, NY 11205

For Sale
Contact for pricing

All four apartments are free-market units in this residential income property.

Property SizeContact for details
Days on Market41

Property Features for 584 Myrtle Avenue

General Information

Standard status Active
Property subtype Mixed Use

Additional Details

Multifamily Units 4
Tenant in Place Yes

Building Details

Year Built 1932
Buildings 1
Construction Moderne-style
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Andrew Bronsteen · License NY #10401314581
Source: Crexi
Added: Oct 2 Changed: Nov 8 Last Checked: Nov 10 at 9:06AM

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 Marcus & Millichap - Manhattan

Rey
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Investment Insights

Based on property information with market context.

This four-unit apartment building occupies the corner of Myrtle Avenue and Classon Avenue in Brooklyn’s Clinton Hill. Built circa 1932 for the Renken Dairy Company, it was later converted to residential use. Each of the four apartments is free market.

Koch & Wagner designed the building, which displays a Moderne-influenced exterior. Red brick bands contrast with lighter brick, while alternating wall planes add depth to the facade. The property stands at the intersection of Myrtle Avenue and Classon Avenue.

Key Highlights

  • Four residential units, all free market
  • At the corner of Myrtle Avenue and Classon Avenue in Clinton Hill, Brooklyn
  • Built circa 1932 for the Renken Dairy Company and later converted to apartments

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

5,536
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Brooklyn, NY

$725 Jul
$713 Aug
$723 Sep
$687 Oct

Properties on Market for Multifamily properties in Brooklyn

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - All four apartments are free-market units in this residential income property.
Where is this multifamily property located?
The property is located at 584 Myrtle Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $5,936,000.
What are key features of this property?
This property features: Four residential units, all free market; At the corner of Myrtle Avenue and Classon Avenue in Clinton Hill, Brooklyn; Built circa 1932 for the Renken Dairy Company and later converted to apartments
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