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.

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Building Features 3 Floors2 Units

intercom

Unit Features

washerdryer
garage
Pet Policy: Building Yes, No

$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

Stephen F
Oneal

[email protected]

(917) 714-0582

Alan S
Nickman

[email protected]

(917) 224-1329

Listing Courtesy of Douglas Elliman Real Estate View Listing

Unit listing history

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