471-481 Myrtle Avenue

Clinton Hill   |   Washington Avenue & Hall Street

Building For Sale
$ 18,500,000
Ownership Income Property
Lot Size 120'x80'
Floors/Apts 3/8
Status Active
Real Estate Taxes [Per Annum] $ 53,628
Building Type Low-Rise
Year Built 1955
Listing ID: 90449TH

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

Request More Information

Property 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 of Technology. 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.

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 of Technology. 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.


Listing Courtesy of Douglas Elliman Real Estate

Care to take a look at this property?

Apartment Features

A/C
471-481 Myrtle Avenue Clinton Hill Brooklyn NY 11205

Building Details [471-481 Myrtle Avenue]

Ownership Income Property
Service Level Voice Intercom
Access Walk-up
Zoning R7A
Building Type Low-Rise
Year Built 1955
Floors/Apts 3/8
Lot Size 120'x80'

Mortgage Calculator in [US Dollars]

$
%
$
%

Loan Amount

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.