1308 Myrtle Ave Brooklyn, NY 11221
- Retail properties
- 8,314 SF
Current Use by Public Records
- The Office / Night Club
Property Details for 1308 Myrtle Ave
- Year built
- 2022
- Property size
- 8,314 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9238
- Latitude
- 40.6981
