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471-481 Myrtle Avenue, Brooklyn NY 11205
471-481 Myrtle Avenue, Brooklyn NY 11205
471-481 Myrtle Avenue, Brooklyn NY 11205
New York>Brooklyn>Clinton Hill

471-481 Myrtle AvenueBrooklyn, NY 11205

For Sale

$18,500,000

Smart Buyer Rebate $231,250

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. 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.

Listed by Stephen F Oneal

·

Douglas Elliman Real Estate

·

(917) 714-0582

Listed by Alan S Nickman

·

Douglas Elliman Real Estate

Last updated November 19, 2025

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Source: REBNY #RLS20043046

Listing Facts

  • TypeSingle-family
  • NeighborhoodClinton Hill
  • Bedrooms10
  • Bathrooms9.5
  • Days on Prevu117
  • Taxes$53,628/year

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

10/26/2025
Status changed to Active
$18,500,000
10/25/2025
Status changed to Removed from Feed
$18,500,000
08/15/2025
Listed by Douglas Elliman Real Estate
$18,500,000

Estimated Closing Costs

Total
$1,025,150
Attorney Fees
$4,000
NYC Mansion Tax
$647,500
Title Insurance
$83,250
Bank Attorney
$1,500
Mortgage Recording Tax
$284,900
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $18,500,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 471-481 Myrtle Avenue

Association

Amenities

  • Pets Allowed: Building Yes, No

Exterior

Construction

  • Number Of Units Total: 1
  • Stories Total: 1
  • Structure Type: Mixed Use
  • Entry Level: 1

Measurements

  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 0
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $53,628.00

Interior

Features

  • Interior Features: Smoke Free

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 7
  • Bathrooms Half: 5
  • Bathrooms Total Integer: 8
  • Bedrooms Total: 10
  • Rooms Total: 20

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Clinton Hill
  • Tax Block: 01824
  • Tax Lot: 0016

Parking

Parking

  • Garage Spaces: 10
  • Garage: Yes
  • Parking Features: Assigned, Garage

Utilities

Equipment

  • Laundry Features: In Unit

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 10 bedrooms and 9.5 bathrooms in this single-family home at 471-481 Myrtle Avenue.

Does this single-family home have parking?

Yes, there are 10 parking spaces available for 471-481 Myrtle Avenue.

What are the annual taxes for 471-481 Myrtle Avenue?

Annual taxes for this single-family home are estimated at $53,628.

How does 471-481 Myrtle Avenue compare to other single-family homes in Clinton Hill?

This single-family home is listed 290% above the average price for single-family homes in Clinton Hill and has been on the market for 47 more days than the typical home in this area.

471-481 Myrtle Avenue is a 10-bedroom, 9.5-bath single-family home for sale in Brooklyn NY 11205. On Prevu for 117 days at $18,500,000. This home is located in Clinton Hill. The median listing price for single-family homes in this area is $1,674,500. Property amenities include private outdoor space and parking. Browse more single-family home listings in Brooklyn.

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.