The Reel

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A blog for breaking sales and neighborhood real estate news.

A mixed-use property at 412 Myrtle Avenue, located between Vanderbilt and Clinton Avenues in Brooklyn’s Fort Greene neighborhood, was sold in a transaction valued at $1,165,000.

This four-story property is approximately 4,300 square feet and sits on a 20’ x 99’ lot. The building consists of one newly rented store and six apartments. All six rent stabilized apartments are approximately 425 square feet. One unit will be delivered vacant. The property, ideally located between Chase Bank and Emigrant Savings Bank, benefits from heavy pedestrian traffic.

Click here for press release

Agents: Stephen Palmese