Description
Douglas Elliman, as exclusive agent, is thrilled to offer for sale an INCREDIBLE DEVELOPMENT OPPORTUNITY; In offering the assemblage of 471, 473, 475-477, 479 and 481 Myrtle Avenue, Clinton Hill Brooklyn. These Five buildings represent a large contiguous offering (all same ownership) to develop a singular 9 story property along Myrtle Avenue cornering on Hall Street in the prime Clinton Hill neighborhood of Brooklyn. This presents a development opportunity to construct a 9-story mixed use of approximately 60,000 +/- Gross SF property (including cellar) of residential with ground floor retail space. The Property is located within one block of Pratt Institute. This is a rare opportunity to develop a newly constructed mixed-use property to high standards. The property is partially tenanted with residential and retail space. There is current reoccurring income until development plans are in place. Setup available upon request.
Building Features 3 Floors2 Units
Unit Features
$18,500,000
Listed on Jan 21, 2025
473 Days on Market
10 Beds / 7 Baths + 5 Half Baths / - ft²
Total Monthly expenses: $4,469
Maintenance: - / R.E. Taxes $4,469
Other Details:
Mixed Use (1-6 Family)
Lot Size: 20.0' x 80.0' Built: 20.0' x 35.0'
Zoning: S1-5, S9
Exclusively listed with: Douglas Elliman Real Estate Source: RLS
Unit listing history
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