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Roger Bradshaw Sells Mixed-use Property At 381 Myrtle Avenue Fort Greene For $2.65M

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SOLD
$2,650,000

New York

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Mixed-use5,394 SF
Sold 11/18/2025
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Property Image
SOLD

Roger Bradshaw Sells Mixed-use Property At 381 Myrtle Avenue Fort Greene For $2.65M

381 Myrtle Avenue

See Similar Deals
Mixed-use5,394 SF
Sold 11/18/2025
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$491
Total Square Footage:5,394 SF
Transaction Type:Sale

The property asset involved in this transaction is a mixed-use building located at 381 Myrtle Avenue in Fort Greene, Brooklyn. The asset was sold for $2,650,000 and has a total square footage of 5,394, which equates to a price per square foot of $491. It comprises 3 units, resulting in a price per unit of $883,333.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $2,650,000
  • Address: 381 Myrtle Avenue
  • Market: Fort Greene, Brooklyn
  • Square Footage: 5,394
  • Price per Square Foot: $491
  • Units: 3
  • Price per Unit: $883,333
  • Seller: Roger Bradshaw
  • Broker: Shaun Riney, Andrew Bronsteen & Jason Farese - Marcus & Millichap
  • Date of Transaction: 11/18/2025

This transaction represents the 5th building that the New York Multifamily team has sold along Myrtle Avenue in Fort Greene/Clinton Hill over the past 5 years and the 3rd sale completed this year. The execution of this deal took over 2 years, involving a marshals eviction, bankruptcy, and a short sale.

Players

Andrew Bronsteen
64 deals$257.5M volume
BROKER

Shaun Riney
Marcus & Millichap
355 deals$1.8B volume(718) 475-4369
BROKER

Jason Farese
Marcus & Millichap
24 deals$84.6M volume(718) 475-4352
BROKER

Marcus & Millichap
BROKERAGE

Details

SOLD
IMAGE: Jason Farese, Shaun Riney & Andrew Bronsteen DATE: 11/18/2025 ADDRESS: 381 Myrtle Avenue MARKET: Fort Greene, Brooklyn ASSET TYPE: Mixed-use SELLER: Roger Bradshaw BROKERS: Shaun Riney (@ShaunRiney1), Andrew Bronsteen (@BKBronsteen) & Jason Farese (@jrfaresenymf) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $2,650,000 SF: 5,394 ~ PPSF: $491 UNITS: 3 ~ PPU: $883,333 BROKER'S NOTE: This is the 5th building the New York Multifamily team has sold along Myrtle Avenue in Fort Greene/Clinton Hill in the last 5 years and the 3rd this year. This particular transaction took over 2 years to execute involving a marshals eviction, bankruptcy, and a short sale.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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