---
title: "471-481 MYRTLE Avenue, Brooklyn, NY 11205"
description: "471-481 MYRTLE Avenue, Brooklyn, NY 11205 — NYC real estate listing on Real Estate Rebate Team. Priced at $18,500,000. Est. potential buyer savings up to $462,500 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11205/471-481-myrtle-avenue-ny-11205"
source: "Real Estate Rebate Team"
---

# 471-481 MYRTLE Avenue, Brooklyn, NY 11205

> **Listing Courtesy of:** Douglas Elliman Real Estate

## Description

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.

## Property Details

- **Price**: $18,500,000
- **Potential Buyer Rebate**: $462,500
- **Bedrooms**: 10
- **Bathrooms**: 7 full, 5 half
- **Property Type**: Residential
- **Building**: 471-481 MYRTLE Avenue
- **Neighbourhood**: Clinton Hill
- **Area / Borough**: Brooklyn
- **Subdivision**: Clinton Hill
- **Listing Office**: Douglas Elliman Real Estate
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$462,500** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/471-481-myrtle-avenue)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/clinton-hill)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.