322-324 Myrtle Ave

For Sale

322-324 Myrtle Ave, Brooklyn, NY 11205

This Brooklyn property for sale is located at 322-324 Myrtle Ave. Contact the listing broker for details on the current sale price for 322-324 Myrtle Ave. 322-324 Myrtle Ave is situated on a lot that is 3,120 square feet in size.

Contacts

broker

Matt Cosentino

TerraCRG

broker

Remi Norris

TerraCRG

broker

Michael Hernandez

TerraCRG

Property Details

  • Property Type Mixed Use
  • Property Size 7,254 SF
  • Units 4
  • Lot Size 3,120 SF
  • Additional Rent Contact for pricing
  • # of Floors 3
  • Property Tenancy Multi-Tenant
  • Year Built 1960
  • Date Updated Sep 26, 2024

TerraCRG has been retained to exclusively represent ownership in the sale of the 322-324 Myrtle Avenue Avenue in the heart of Fort Greene.

The property consists of 2 buildings with a total of 4 FREE MARKET residential units and 2 retail stores. The 7,254 SF property has extremely low expenses as the property is Tax Class Protected and the tenants pay their own heat.

The residential units are full floor through units that are set up as large 2 bedrooms each with 2 bathrooms. The units have been fully gut renovated, and each unit has its own Washer/dryer. All the residential units also have private outdoor space.

The property has an existing gross rent roll of $359K/year, however without doing any renovation the new owner should be able to increase the rent roll to ~415K/year as the retail lease on 324 Myrtle is now month to month and all the residential units are leased below market.

The property is ideally located directly around the block from Fort Greene Park – one of the greatest public spaces Brooklyn has to offer. It is also located in the heart of some of best bars, restaurants and cafes, including: LaRina Pastificio & Vino, Walter’s, Dick & Jane’s, Colonia Verde etc.

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Highlights

  • FREE MARKET
  • TAX CLASS PROTECTED
  • PREMIER FORT GREENE LOCATION
  • AROUND THE CORNER FROM FORT GREENE PARK
  • SIGNIFICANT UPSIDE POTENTIAL
  • FULLY GUT RENOVATED

Getting around

  • 97/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 90/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Brooklyn, NY
  • Neighborhood Fort Greene
  • Zip Code 11205

Points of Interest

  • brooklyn taxi company

    0.37 miles

  • Clinton-Washington

    0.47 miles

  • Jay Street–MetroTech

    0.72 miles

  • Classon Avenue

    0.77 miles

  • New Bell Car Service

    0.80 miles

  • Borough Hall

    0.85 miles

  • York Street

    0.90 miles

  • Bedford–Nostrand Avenues

    1.08 miles

  • International Car Service

    1.11 miles

  • Arecibo

    1.13 miles

  • Emporium

    0.38 miles

  • Mobil

    0.53 miles

  • Citgo

    0.65 miles

  • Tesla Supercharger

    0.65 miles

  • Sunoco

    0.71 miles

  • BP

    0.79 miles

  • Shell

    0.82 miles

  • ChargePoint

    1.14 miles

  • Revel

    1.33 miles

  • plugNYC

    1.77 miles

  • NYPD Brooklyn Tow Pound

    0.63 miles

  • Edison ParkFast

    0.75 miles

  • Cielo Garage

    0.81 miles

  • MPG

    0.92 miles

  • Park Kwik

    1.04 miles

  • The Parking Club

    1.05 miles

  • Underhill Garage

    1.16 miles

  • Garfield Garage

    1.41 miles

  • Rapid Park

    1.41 miles

  • The Brooklyn Museum and Botanic Garden

    1.63 miles

  • Casa Blanca Hotel

    0.23 miles

  • Hotel Indigo

    0.57 miles

  • EVEN Hotel

    0.57 miles

  • Hampton

    0.57 miles

  • Aloft - W Hotel

    0.59 miles

  • Sheraton Brooklyn

    0.59 miles

  • Holiday Inn Brooklyn Downtown

    0.61 miles

  • The Tillary Hotel

    0.62 miles

  • Ace Hotel

    0.65 miles

  • Illumination Bed & Breakfast

    0.69 miles

  • Bravo

    0.02 miles

  • Green-Ville Garden

    0.11 miles

  • Elly's Market

    0.32 miles

  • Mr. Mango

    0.43 miles

  • Key Food

    0.45 miles

  • The Greene Grape

    0.47 miles

  • Wegmans

    0.48 miles

  • NYC Fresh Market

    0.49 miles

  • Trader Joe's

    0.49 miles

  • City Point

    0.51 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 322-324 Myrtle Ave