$18,500,000
471-481 MYRTLE Avenue, Brooklyn NY, 11205
Overview
Active
Listed Aug 15, 2025
Updated 15h ago
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.
$123,081/mo
Est. mortgage payment based on a $18,500,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- RLS20043046
Interior Features
- Bedrooms
- 10
- Bathrooms
- 8
- Basement
- No
Other Property Details
- Taxes
- $53,628
- Tax Frequency
- Annually
- Garage
- Yes
Listing Courtesy of Douglas Elliman Real Estate - Stephen F Oneal
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved
RLS Data display by Douglas Elliman. Data last updated on 9/15/2026 at 5:00 AM UTC