Property profile

431 Myrtle Ave Brooklyn, NY 11205

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This 720-square-foot retail space, located at 431 Myrtle Avenue in Kings County, presents a unique opportunity for a variety of businesses. Situated at the border of Fort Greene and Clinton Hill, this single-tenant property enjoys a highly desirable location within one of Brooklyn's busiest retail corridors. Its proximity to Fort Greene Park, Pratt Institute, and the Brooklyn Navy Yard ensures consistent high foot traffic. The space is currently configured as a combined juice bar and yoga studio, offering a flexible layout adaptable to various uses. Ideal for a cafe, grab-and-go establishment, juice bar, studio, or boutique retailer seeking to capitalize on the area's vibrant atmosphere and strong consumer base. The property type is classified as retail, specifically quick service, cafe, or restaurant. This presents an excellent chance to establish or expand a business in a thriving Brooklyn neighborhood with significant pedestrian traffic and a diverse community. The space's previous use as a juice bar and yoga studio demonstrates its versatility and adaptability to different business models. The property's location offers unparalleled access to a large and diverse customer base, making it an attractive investment for entrepreneurs and established businesses alike. This is a single-tenant property, offering exclusive use and control of the space.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Specialty Food Shop (Bike/Boat/Book/etc) Store

Location

431 Myrtle Ave Brooklyn, NY 11205
Brooklyn metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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