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.
For sale
Price cut: $200K (9/16)
$5,600,000
1086 Myrtle Avenue, Brooklyn, NY 11206
15beds
--baths
10,000sqft
Duplex, Multi Family
Built in 1917
-- sqft lot
$-- Zestimate®
$560/sqft
$-- HOA
What's special
- 13 days
- 230
- 11
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
5 Boro Realty Corp 855-305-3325,
Natalie Efraimov 646-821-0414
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1050736
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
Heating
- Other
Cooling
- Multi Units
Features
- Other
- Basement: Crawl Space
Interior area
- Total structure area: 10,000
- Total interior livable area: 10,000 sqft
Property
Parking
- Parking features: None
Lot
- Size: 5,000 Square Feet
Details
- Parcel number: 015860006
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Other
- Foundation: Other
Condition
- Year built: 1917
Utilities & green energy
- Sewer: Other
- Water: Public
- Utilities for property: See Remarks
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $560/sqft
- Tax assessed value: $937,800
- Annual tax amount: $82,506
- Date on market: 9/14/2026
- Cumulative days on market: 14 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Price change | $5,600,000-3.4%$560/sqft |
Source: | ||
| 9/14/2026 | Listed for sale | $5,800,000$580/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Bedford-Stuyvesant
Nearby schools
Schools provided by the listing agent
- Elementary: Brooklyn Arbor Elementary School
- Middle: Brooklyn Prep High School
- High: Brooklyn Prep High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





