
525 Myrtle Avenue, Brooklyn, NY 11025
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
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