Set Speed Condo Report: 364 Myrtle Avenue
Today’s new condo reports focuses on a development that has been profiled on Brownstoner before. Located on a busy commercial stretch of Myrtle Avenue between Clermont and Adelphi, lies this unique 4 story building. Featuring angled windows to take advantage of light and outdoor spaces, this new construction attempts to set itself apart from the…

Today’s new condo reports focuses on a development that has been profiled on Brownstoner before. Located on a busy commercial stretch of Myrtle Avenue between Clermont and Adelphi, lies this unique 4 story building. Featuring angled windows to take advantage of light and outdoor spaces, this new construction attempts to set itself apart from the others.
The site consists of one commercial condo and three large floor-thru duplex condominium units. The ground floor commercial unit measures in at just under 2000 square feet for $994K, while the other three units are 1533-1688 square feet and cost $877K, $890K and $919K. The residential units have 3 bedrooms and 2 bathrooms. Maintenance is about $260 a month.
Units feature 17 foot high ceilings, large gourmet kitchens with stainless steel appliances, en-suite bathrooms, spacious closets and laundry hook-ups. This condo is located close to many amenities, like supermarkets, restaurants, bars and hardware stores. But as last week’s two shootings attest, the area still contains some rough spots. An open house is scheduled March 26 from 12:30 to 3:30pm.
364 Myrtle Avenue [Corcoran] GMAP
New Building on Myrtle [Brownstoner]
Every Thursday, ltjbukem, whose own blog Set Speed scrutinizes the progress and quality of new developments in the area we know as Brownstone Brooklyn, pens a guest post about goings-on in the condo market with an emphasis on new projects.
“They’ve been there a long time. Might I remind you that this is Brooklyn–land of many poor people. No amount of gentrification can or should change that.”
I disagree. Gentrification has resulted in many concrete improvements: lower crime rates, less garbage on the streets, quieter nights, better schools. Like it or not, poor people carry a lot of baggage and once they are gone things always improve.
I also disagree with anon 1:49. There will not always be violence in the area. As wealthier elements move in and displace the poor, the projects will be further isolated, as they have in Carroll Gardens. While I agree with the poster advocating the Chicago-style demolition and mixed-income housing, I think that good old-fashioned gentrification will do the job soon enough.
I LOVED brooklyn in the ’70’s thanks. It was an amazing creative fun place. I was in my early 20’s, and it was a great place to be. You people are so unbelievably racist and narrow-minded that it boggles the mind.
love your following, brownstoner; these people are real gems. lucky for them, they can all hide behind “anonymous.” the only garbage that need be eradicated from brooklyn are the racist, classist, gentrifying self-entitled a-holes who peruse this site.
yep…that’s what it should really be about…I’ve been here longer…and by being here longer I’ve had more time to turn this area into a wasteland of crime, drugs. unemployment, destruction of public property that my taxes (oops I don’t pay any taxes because I don’t work but it’s not my fault) pay for…you are all absolutely right – its the gentrifiers who are evil – yes evil I tell you – with their jobs and their dislike of crime…
You know what we should do…let’s have every other cities projects move here …would that make all of you happy…then we’d have twice as much local color that made this area so wonderful and “lively” in the ’70s…oh but you’re all too young to remember that aren’t you…
great post 1:49 Let’s celebrate what Brooklyn is all about poor people shooting each other.
“Arrogance” is the right word. Or maybe hubris. Do you people really believe that money alone is going wipe poor people out of “prime property”? Please. You have no clue what Brooklyn is. You can build your condos and open your hip stores, but there will always be poor people and shootings right around the corner.
Yeah 1:43! I am glad the projects are here having been a resident of the neighborhood and yes brownstone owner, because it keeps more of these kind of people (the gentrifiers) away!
1:43 People had houses on that property before the projects. They were knocked down to make room for the bqe and then the projects were built. Also there are plenty of locals in the neighborhood who have lived here for years that don’t like the projects either.
The arrogance of some you gentrifiers, or wannabe gentrifiers, is simply amazing. Those projects were there long before many of you were even thought of! Now you’ve decided you want to live on “prime property” in the ‘hood and you think it’s time for the wholesale displacement of people who have been living there for decades.
And then you wonder why the locals are resentful when you arrive with your new found it’s-hip-to-be-here-attitudes.