1308 Myrtle Ave Brooklyn, NY 11221
This stunning, five-story, 8,314 square foot storefront at 1308 Myrtle Avenue in Brooklyn, New York, presents a unique investment opportunity. Built in 2022 and zoned R6, this all-commercial elevator building boasts vented retail space with gas hookups, turnkey office spaces, ample storage, and desirable outdoor areas on multiple floors. The asking price is $3,500,000, translating to $420.98 per square foot. Located in the vibrant Bushwick neighborhood, this property enjoys exceptional visibility and accessibility, situated steps from the bustling Wyckoff Avenue nightlife and the M train, providing express service to and from Manhattan. The flexible layout allows for logical divisions, making it suitable for a variety of commercial uses. The seller is offering build-out incentives for qualified offers, making this an attractive proposition for discerning investors seeking a high-return investment in a rapidly developing area of Brooklyn. The property's modern construction and prime location combine to create a compelling opportunity for immediate occupancy and long-term growth. Kings County location and zip code 11221.
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The Office Nightclub DJ & Entertainment
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.