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$5,600,000
Est. payment /mo
15 Beds
5,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Bedford-Stuyvesant
MLS Listing ID 1050736
Bedrooms 15
Rental Info No
Year Built 1917
Annual Tax Amount $82,506
Lot Size 5,000 Sqft
Acres 0.1148
Property Sub-Type Duplex
Source onekey2
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.
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.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Crawl Space
Interior
Interior Features Other
Heating Other
Cooling Multi Units
Fireplace No
Exterior
Parking Features None
Utilities Available See Remarks
Garage false
Building
Foundation Other
Sewer Other
Water Public
Structure Type Other
Schools
Elementary Schools Brooklyn Arbor Elementary School
Middle Schools Brooklyn Prep High School
High Schools Brooklyn 14
School District Brooklyn 14
Others
Senior Community No
Special Listing Condition None
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Listed by 5 Boro Realty Corp • Natalie Efraimov
NEARBY SCHOOL & BUSINESS
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