1086 Myrtle Avenue, Brooklyn, NY 11206

$5,800,000
15
BD

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List Price
$5,800,000
MLS#
1050736
Status
ACTIVE
Bedrooms
15
Lot Size
5000

Property Description

1086 Myrtle Avenue, Brooklyn, NY 11206 Prime Bedford-Stuyvesant Development Opportunity Development Site | 5,000 SF Lot | 50' × 100' | C4-4L / R7A-Equivalent Zoning Presenting 1086 Myrtle Avenue, a highly strategic development opportunity in the heart of Brooklyn's rapidly evolving Bedford-Stuyvesant neighborhood. The property occupies a 50-foot-wide by 100-foot-deep lot totaling approximately 5,000 square feet, currently improved by an existing approximately 50' × 100' building. The site is located within a C4-4L zoning district, with R7A-equivalent residential development potential, offering developers and investors an opportunity to reposition or redevelop the property in one of Brooklyn's most active corridors. Property Highlights Address: 1086 Myrtle Avenue, Brooklyn, NY 11206 Lot Size: 50' × 100' — approximately 5,000 SF Existing Building: Approximately 50' × 100' Zoning: C4-4L / R7A-equivalent Property Type: Development / Mixed-Use Opportunity Neighborhood: Bedford-Stuyvesant Tax Lot: Block 1586, Lot 6 Transit: Steps from the Myrtle Avenue J/M/Z subway station Frontage: Approximately 50 feet on Myrtle Avenue Development Potential The property's C4-4L / R7A-equivalent zoning creates an attractive platform for a new mixed-use or residential development, subject to applicable zoning regulations, bulk requirements, approvals, and Department of Buildings review. With a 5,000 SF development footprint and 50 feet of frontage, the site is particularly well suited for developers seeking a meaningful Brooklyn infill opportunity with strong residential and commercial demand. Potential uses may include residential, community facility, retail, and mixed-use development, subject to zoning and required approvals.

Additional Information

Year Built
1917
School District
Brooklyn 14
Taxes Total
82506
Heating
Other
Parking
None
Basement
Crawl Space
Water
Public
Sewer
Other
Taxes
$82,506

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Listing courtesy of Listing Agent: Natalie Efraimov (natalie@5brc.com) from Listing Office: 5 Boro Realty Corp.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.