471-481 Myrtle Ave Retail FOR SALE


Brooklyn, NY - Wallabout
$18,500,000 USD
917-224-1329
, Brooklyn, NY for Sale
$18,500,000 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

471-481 Myrtle Ave
Brooklyn, NY
Wallabout


HIGHLIGHTS

  • Amazing frontage on main street, in prime Clinton Hill Neighborhood

OVERVIEW

Offered exclusively: This is an Exceptional Opportunity to purchase 6 contiguous bldgs ( 5 addresses) assemblage in Prime Clinton Hill neighborhood on the main corridor of Myrtle avenue @ the corner of Hall Street and in between Hall St and Washington Avenue. 120 feet of frontage on Myrtle Avenue and 80 feet of depth. Incredible development opportunity for a 60,000+/- SF new structure with nine stories. The current properties are partially leased to afford a purchaser some cash flow while putting together development plans. Current rents (all under market) is approximately $297,000

ASK ABOUT THIS PROPERTY

Alan NickmanDouglas EllimanMore Info
917-224-1329

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Alan NickmanDouglas EllimanMore Info
917-224-1329

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.