$1,000,000
Updated 11 years ago
Sold

469 Myrtle Ave

Clinton Hill, Brooklyn | Washington Ave & Hall Street

3,000 Square FeetMixed Use

$1,000,000
floors / apts3 / 4
Lot Size20'x80'
Built Size20'x35'
ZoneR7-A
Building TypeTownhouse
Price Per SF
$333

This property was sold for $950,000 on 10/28/11.

Building Amenities

  • Voice Intercom

Property Description for 469 Myrtle Ave

The subject property is a 3,000 SF, three story mixed-use building, located on Myrtle between Washington Avenue and Hall Street. The property is located in an R7-A zone & can accommodate an additional 2,520 SF of development rights.
The building contains one retail store, with an expiring lease in August ’11, and 4 FM residential apartments running on month-to-month leases. The commercial tenant only occupies 700 SF of the ground floor, which measures a total of 1,600 SF.
The building presents a unique owner/user opportunity on an active retail corridor on Myrtle Avenue.

Listing History for 469 Myrtle Ave

Now
11/08/2011
$950,000
Sold and Closed by Stephen Palmese
Cushman & Wakefield
05/24/2011
$1,000,000
Initial Price by Stephen Palmese
Cushman & Wakefield

Building Details for 469 Myrtle Ave

OwnershipMixed Use
Building TypeTownhouse
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built1955
Floors/Apts3/4
Learn More About the Building

Transit and Citi Bike

Subway

Clinton-Washington Avs
0.38 miles
Classon Av
0.47 miles

Citi Bike

Clinton Ave & Myrtle Ave
0.13 miles
Willoughby Ave & Hall St
0.13 miles

Contact Agents

Contact Agents

Stephen Palmese
Cushman & Wakefield
Winfield Clifford
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: 39175TH