341 Myrtle Avenue
Vacant development site at 341 Myrtle Avenue in Fort Greene, Brooklyn, offered for sale at guidance upon request. The 2,413 SF rectangular lot sits on the north side of Myrtle Avenue between Adelphi Street and Carlton Avenue, with 25 feet of frontage and 94 feet of depth. Zoned R7A with C2-4 commercial overlay, the site is fully cleared with demolition already completed, positioning it for immediate construction commencement.
The zoning permits as-of-right residential development of 9,652 SF at a 4.0 FAR, expandable to 12,089 SF at 5.01 FAR through the Unified Affordable Program (UAP) under City of Yes. The UAP bonus can be satisfied via on-site affordable units or Inclusionary Housing Certificates, offering developers flexibility to achieve maximum density. The C2-4 overlay allows ground-floor commercial use up to 4,826 SF at a 2.0 FAR, providing an additional income-producing component.
Fort Greene ranks among Brooklyn's most sought-after residential submarkets, commanding some of the borough's highest per-square-foot pricing with a strong condominium pipeline. The neighborhood is anchored by Fort Greene Park, Brooklyn's first public park designed in part by Frederick Law Olmsted, and features a thriving retail corridor along Myrtle and DeKalb Avenues with cafés, boutiques, and restaurants. Transit access is exceptional via the B, Q, R, 2, 3, 4, 5, A, C, and G subway lines, plus Long Island Rail Road service at Atlantic Terminal. The Clinton-Washington G train station is steps away. Proximity to the Brooklyn Academy of Music, Barclays Center, Downtown Brooklyn, and the Brooklyn Navy Yard further strengthens the location's appeal.
- Fully cleared, vacant site with demolition completed; streamlined path to construction
- R7A zoning with C2-4 commercial overlay permitting residential, community facility, and ground-floor retail
- Up to 12,089 SF residential ZFA at 5.01 FAR through UAP; up to 4,826 SF commercial ZFA
- Exceptional transit access: B, Q, R, 2, 3, 4, 5, A, C, G trains and LIRR at Atlantic Terminal
- Fort Greene: one of Brooklyn's most sought-after submarkets with strong condo pipeline and highest per-SF pricing
More property details
Features & amenities
Location
Located on the north side of Myrtle Avenue between Adelphi Street and Carlton Avenue in the heart of Fort Greene, Brooklyn. Fort Greene is one of Brooklyn's most sought-after neighborhoods, known for tree-lined streets, landmark brownstones, and vibrant cultural institutions. The area is anchored by Fort Greene Park, designed in part by Frederick Law Olmsted, and features a thriving retail corridor along Myrtle and DeKalb Avenues.
- Exceptional transit access via B, Q, R, 2, 3, 4, 5, A, C subway lines and Long Island Rail Road at Atlantic Terminal. Proximity to Brooklyn Academy of Music, Barclays Center, and Downtown Brooklyn. Strong residential demand and continued neighborhood investment.
Additional details
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Unified Affordable Program (UAP) under City of Yes allows bonus density; affordable units can be satisfied on-site or through purchase of Inclusionary Housing Certificates
Streamlined path to construction commencement; developer can move directly into foundation and construction work upon closing
One of Brooklyn's most sought-after residential submarkets with strong condominium pipeline commanding some of the borough's highest per-square-foot pricing
Brooklyn Academy of Music (BAM), Fort Greene Park (Brooklyn's first public park, designed in part by Frederick Law Olmsted and Calvert Vaux)
Myrtle Avenue and DeKalb Avenue with cafés, boutiques, restaurants, and neighborhood businesses
Clinton-Washington Avenues G train station (steps away), Fulton Street and Lafayette Avenue stations, Atlantic Terminal