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Commercial Land with Retail Building

603 Myrtle Ave, Brooklyn, NY 11205

For Sale
New
$2,580,000

An existing small-format retail structure occupies a development parcel in a Brooklyn commercial corridor.

Property SizeContact for details
Days on Market6

Property Features for 603 Myrtle Ave

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $7,224
Listing Agency: P R O Links Realty Inc
Listed By: Siang Liu · License NY #10311209596
Source: Elliman
Added: Nov 8 Last Checked: Nov 12 at 9:09AM

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 P R O Links Realty Inc

Rey
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Investment Insights

Based on property information with market context.

This commercial parcel contains approximately 1,896 square feet of land, measuring about 20 feet across the street frontage and 92 feet deep. An approximately 800-square-foot, single-story retail building currently occupies the site. The property is zoned R7A with a C2-4 commercial overlay. Preliminary calculations show 7,584 square feet of standard residential zoning floor area at 4.00 FAR; qualifying affordable housing development may allow up to approximately 9,499 square feet at 5.01 FAR, subject to eligibility, zoning rules, and approvals.

The site fronts Myrtle Avenue in Brooklyn’s Bedford-Stuyvesant neighborhood. Neighborhood retail and restaurants, Pratt Institute, and public transportation are accessible nearby.

Key Highlights

  • 1,896 SF parcel with approximately 20 feet of frontage and 92 feet of depth
  • Existing single‑story retail building of approximately 800 SF
  • R7A zoning with a C2‑4 commercial overlay

Property Analytics

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

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Spa & Massage Center Real Estate Agency Acupuncture Nursing Home Parking Lot & Garage

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

5,563
Businesses Nearby
172k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 46% Home Improvements & Furnishings 40% Dining 9% Beauty & Spa 3%
The Home Depot Home Improvements & Furnishings
63,386 visits/mo 0.5 miles
Sunoco Shops & Services
17,347 visits/mo 0.2 miles
Shell Shops & Services
16,609 visits/mo 0.3 miles
Chase Bank Shops & Services
13,526 visits/mo 0.4 miles
Citgo Shops & Services
12,010 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Brooklyn

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Commercial land - An existing small-format retail structure occupies a development parcel in a Brooklyn commercial corridor.
Where is this commercial land located?
The property is located at 603 Myrtle Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,580,000.
What are key features of this property?
This property features: 1,896 SF parcel with approximately 20 feet of frontage and 92 feet of depth; Existing single‑story retail building of approximately 800 SF; R7A zoning with a C2‑4 commercial overlay
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