322-324 Myrtle Ave

322-324 Myrtle Ave, Brooklyn, NY 11205

  • For Sale Contact for pricing
  • 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

Contacts

broker

Matt Cosentino

TerraCRG

broker

Remi Norris

TerraCRG

broker

Michael Hernandez

TerraCRG

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    90/100 Biker's Paradise
Powered by Walk Score ®
  • City Brooklyn, NY
  • Neighborhood Fort Greene
  • Zip Code 11205

Points of Interest

  • brooklyn taxi company

    0.37 miles

  • Fulton Street

    0.42 miles

  • Clinton-Washington

    0.47 miles

  • Hoyt–Schermerhorn Streets

    0.68 miles

  • Jay Street–MetroTech

    0.72 miles

  • New Bell Car Service

    0.80 miles

  • Borough Hall

    0.85 miles

  • International Car Service

    1.11 miles

  • Arecibo

    1.13 miles

  • Franklin Avenue

    1.27 miles

  • Emporium

    0.38 miles

  • Mobil

    0.53 miles

  • Citgo

    0.65 miles

  • Tesla Supercharger

    0.65 miles

  • Shell

    0.71 miles

  • BP

    0.79 miles

  • Citgo

    0.81 miles

  • Shell

    0.82 miles

  • Shell

    0.94 miles

  • Blink

    1.03 miles

  • NYPD Brooklyn Tow Pound

    0.63 miles

  • Edison ParkFast

    0.75 miles

  • Car Park Systems

    0.75 miles

  • Cielo Garage

    0.81 miles

  • Sunny

    0.82 miles

  • Edison ParkFast

    0.90 miles

  • MPG

    0.92 miles

  • Park Kwik

    1.03 miles

  • The Parking Club

    1.05 miles

  • Underhill Garage

    1.16 miles

  • Hotel Indigo

    0.57 miles

  • Even Hotel Brooklyn, an IHG 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

  • New York Marriott at the Brooklyn Bridge

    0.76 miles

  • Hilton

    0.79 miles

  • Nu Hotel

    0.85 miles

  • Domino's

    0.01 miles

  • Ace Thai Kitchen

    0.02 miles

  • E-Bite

    0.03 miles

  • Chung Chun

    0.03 miles

  • Taqueria Fort Greene

    0.03 miles

  • Crown Chicken & Pizza

    0.05 miles

  • Hardee

    0.07 miles

  • Joe & Sal's Pizzeria

    0.07 miles

  • Kinara's II Indian Restaurant

    0.11 miles

  • Thai Holic

    0.12 miles

  • Public School 20

    0.20 miles

  • Public School 67

    0.26 miles

  • Community Roots Charter School

    0.26 miles

  • Brooklyn Technical High School

    0.32 miles

  • St. Joseph's University

    0.34 miles

  • Long Island University Brooklyn Campus

    0.40 miles

  • Hanson Place Seventh-Day Adventist Elementary School

    0.47 miles

  • Brooklyn Independent Middle School

    0.48 miles

  • Public School 287

    0.51 miles

  • Intermediate/High School 265

    0.51 miles

  • Carousel Children's Center

    0.13 miles

  • The Child Study Center of New York

    0.16 miles

  • CitiTots

    0.51 miles

  • Changing Tomorrow Academy

    0.57 miles

  • Discovery PitStop

    0.67 miles

  • Strong Place Day Care

    0.70 miles

  • Created By Kids

    0.72 miles

  • Family Center at Brooklyn Friends

    0.72 miles

  • JCC Brooklyn

    0.74 miles

  • Mango's Place Day Care

    0.78 miles

Frequently Asked Questions

How much does 322-324 Myrtle Ave cost?

The sale price for 322-324 Myrtle Ave is available upon request. Contact the listing broker for more information.

What is the total square footage of 322-324 Myrtle Ave?

322-324 Myrtle Ave totals 7,254 square feet.

When was this property built?

322-324 Myrtle Ave was built in 1960.

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