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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, ...

471-481 Myrtle Avenue
Brooklyn, NY 11205

Listing

Web ID:4844359
Website:https://www.nestseekers.com/4844359
Cross street:Washington Avenue
Building:471-481 Myrtle Avenue Brooklyn
Type:Low-rise
Era:Pre-war
Floors:3

Property

Ownership: income-property
Rooms: 20
Bedrooms: Studio

Financials

Price:$18,500,000
Real estate tax:$53,628

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.

Amenities

  • Voice Intercom
  • Walk-up

Location

471-481 Myrtle Avenue Brooklyn NY 11205 USA

Contact

Williamsburg, NY
578 Driggs Avenue Brooklyn, NY 11211
Phone: +1 718-302-0900
Fax: +1 718-228-3917
williamsburg@nestseekers.com
Listing Courtesy of Douglas Elliman Real Estate
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