$1,400,000
Updated 11 years ago
Sold

414 Myrtle Ave

Clinton Hill, Brooklyn | Clinton Ave & Vanderbilt Ave

Mixed Use

$1,400,000
floors / apts4 / 6
Lot Size20'4"x94'6"
Built Size20'4"x50'
ZoneR7-A /
Building TypeTownhouse

Building Amenities

  • Voice Intercom

Property Description for 414 Myrtle Ave

> 414 Myrtle Avenue is a 4 story, mixed-use building, located off the corner of Clinton Avenue, one of the busiest intersections in Ft. > Greene. > The building measures 4,300 sq.ft. > (approx.) & contains 1 store and 3 apartments. > Nearly $100,000 in renovations have been invested into the building. > Located between Chase Bank & Emigrant Savings Bank, the vacant retail space remains in a highly desirable location. > Having undergone $30,000 in major renovations, such as new concrete floors & new steel support beams in the ceiling, the 1,300 sq.ft. > (approx.) store is estimated to produce $4,500 per month. > The 3 apartments have also undergone major high-end renovations & are equipped with independent heating/hot water systems. > Market rent equals $2,300 (approx.) per apartment.

Listing History for 414 Myrtle Ave

Now
04/12/2010
$1,400,000
Sold and Closed by Stephen Palmese
Cushman & Wakefield
2010

Building Details for 414 Myrtle Ave

OwnershipMixed Use
Building TypeTownhouse
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built1950
Floors/Apts4/6
Learn More About the Building

Transit and Citi Bike

Subway

Clinton-Washington Avs
0.36 miles

Citi Bike

Clinton Ave & Myrtle Ave
0.03 miles
Adelphi St & Myrtle Ave
0.13 miles

Contact Agent

Contact Agent

Stephen Palmese
Cushman & Wakefield

Clinton Hill | Brooklyn

Quick Profile

Tucked behind the Brooklyn Navy Yard in central Brooklyn is the quiet residential neighborhood of Clinton Hill. Once a strictly working-class neighborhood, Clinton Hill has become known for its elegant brownstones and stately mansions that were built as Manhattanites crossed the East River in the 1920s in search of the supposed health benefits that came from living “on the hill,” which has an elevation of 95 feet. Now you will also find newer luxury apartment and condo buildings interspersed throughout the neighborhood.

The Pratt Institute and St. Joseph College give the area a certain energy that comes from having a college in your town, while it’s leafy streets, some with their original cobblestones, and slower pace attract young families. Millennials and professionals are flocking to Clinton Hill in search of a reasonably priced neighborhood that offers both nightlife and an easy commute to Manhattan. Clinton Hill is a beautiful neighborhood with a suburban feel and firm roots in its past that also offers plenty of urban amenities.

New businesses are showing up in Clinton Hill on a regular basis, adding to the current proliferation of coffee shops, restaurants, and bars. As the population changes, new entertainment and nightlife venues are migrating to the area to meet the demand. Barclays Center is within easy walking distance, offering exciting sporting events and concerts.

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.
OLR ID: 28748TH