$18,500,000
471-481 MYRTLE Avenue, Brooklyn NY, 11205
Overview
Active
Listed Aug 15, 2025
Updated 10 days 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 . Data last updated on 9/24/2026 at 2:12 PM UTC