Property photo 1
15 Beds
0 Baths
10,000 sqft

$5,600,000

1086 Myrtle Avenue, Brooklyn NY, 11206

Price per sqft$560.00
Built in1917
Property size10,000 sqft
Property typeMulti-family
Courtesy of 5 Boro Realty Corp, Natalie Efraimov Listing Contact: 646-821-0414

Overview

Active

Listed Sep 14, 2026

Updated 41h ago

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.

$37,257/mo

Est. mortgage payment based on a $5,600,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1050736

Interior Features

Bedrooms
15
Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$82,507
Tax Frequency
Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 2:23 PM UTC on 9/17/2026. 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.

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