www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34501484
34501483

525 MYRTLE AVE, BROOKLYN, NY 11205 For Sale

MM
NY 10491203132
Marshall Real Estate, LLC
Listed by Marshall Real Estate, LLC
$1,600,000
0 days on market
Updated 0 days ago
Opportunity zone

525 Myrtle Avenue, Brooklyn, NY 11025

Details
APN 1893/7505
Property Type Retail
Sub Type Storefront
Square Footage 1,771
Net Rentable (SqFt) 1,771
Units 1
Cap Rate 7.55%
NOI $120,750
Occupancy 100%
Tenancy Single
Lease Type Modified
Rent Bumps Yes
Price per SqFt $903
Broker Co-Op True
Year Built 2015
Stories 7
Investment Type Stabilized
Ground Lease No
Ownership Fee Simple
Sale Condition N/A

100% Leased, Clinton Hill, Retail Condominium

Marketing description

Marshall Real Estate LLC (“MRE”) has been exclusively retained to offer for sale the 100% fee simple interest in the Retail Condominium Unit located at 525 Myrtle Avenue in the Clinton Hill neighborhood of Brooklyn. 525 Myrtle Avenue presents the opportunity to acquire a fully leased retail condominium located along one of Brooklyn’s most established neighborhood retail corridors. The property is 100% occupied by CKO Kickboxing, a nationally recognized fitness operator, under a newly executed long-term lease extending through April 2036, providing investors with secure, predictable cash flow for nearly a decade.

The condominium comprises approximately 1,611 square feet of ground-floor retail space and an additional 160-square-foot basement, totaling approximately 1,771 square feet. The efficient layout, prominent street frontage, and high-visibility location make the property well suited for experiential and service-oriented retail uses that continue to perform strongly in urban markets. Strategically positioned on Myrtle Avenue, the property benefits from exceptional pedestrian activity, dense surrounding residential neighborhoods, and a thriving mix of restaurants, retailers, and neighborhood services. The corridor has experienced sustained investment driven by continued residential growth and strong consumer demand, supporting long-term retail fundamentals.

This investment offers the rare combination of immediate in-place income, a recently renewed long term lease, and minimal leasing risk. With no near-term rollover and limited management responsibilities typically associated with retail condominiums, 525 Myrtle Avenue is well suited for investors seeking stable cash flow, capital preservation, and long-term appreciation in one of New York City’s strongest retail submarkets.

Investment highlights

• 100% leased retail condominium on long-term basis

• 20’ of total frontage along Myrtle Avenue

• Low-maintenance investment with long-term upside

• 25 Year ICAP in place until June 2043

• 11.5” ceiling heights on grade

Listing Contacts

MM
NY 10491203132
Marshall Real Estate, LLC
Listed by Marshall Real Estate, LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$120,749.71
$10,062.48/mo

Valuation Metrics

0
DSCR
7.55%
Cap Rate
7.55%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591