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 EstateClinton Hill is an historic, central Brooklyn neighborhood celebrated for diversity.
Its under-the-radar vibe appeals to people looking for a place to live, not a place to party. The tree-lined streets are wide with lots of sky, and magnificent mansions remain from when it was an enclave for the super-rich in the mid-nineteenth century. The rest of the architecture is a mix of wood-frame houses predating the Civil War, carriage houses, brownstones, midrise apartment bui ... read more