Peggy Abrams
Call: (516) 816-4777
Text: (516) 816-4777
MLS#1050736
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBrooklyn 14
Property Description
1086 Myrtle Avenue, Brooklyn, NY 11206Prime Bedford-Stuyvesant Development OpportunityDevelopment Site | 5,000 SF Lot | 50' à? 100' | C4-4L / R7A-Equivalent ZoningPresenting 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' à? 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 HighlightsAddress: 1086 Myrtle Avenue, Brooklyn, NY 11206Lot Size: 50' à? 100' - approximately 5,000 SFExisting Building: Approximately 50' à? 100'Zoning: C4-4L / R7A-equivalentProperty Type: Development / Mixed-Use OpportunityNeighborhood: Bedford-StuyvesantTax Lot: Block 1586, Lot 6Transit: Steps from the Myrtle Avenue J/M/Z subway stationFrontage: Approximately 50 feet on Myrtle AvenueDevelopment PotentialThe 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Multi Units
Heating: Other
Lot Size: 0.11 Acres
Taxes: $82,506
Year Built: 1917
Amenities
Other
Feature Descriptions
Building Area Total: 10000
Exterior: Other
On Market Date: 2026-09-14
Parcel Number: 01586-0006
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Other
Units: 10
Utilities: See Remarks
Water: Public
Local Schools
High School: Brooklyn Prep High School
Middle School: Brooklyn Prep High School
Elementary School: Brooklyn Arbor Elementary School
School District: Brooklyn 14
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Estimated Payment
$ 21,475.45 per month $12,908.29 Principal & Interest $6,875.50 Property Tax $1,691.67 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: 5 Boro Realty Corp
Agency Contact: 646-821-0414
Shown By
Agent Name: Peggy Abrams
Agent Phone: (516) 816-4777
Agency Title: Laffey Real Estate
1086 Myrtle Avenue | MLS# 1050736
This multi-family property located at 1086 Myrtle Avenue , Brooklyn, NY 11206 is currently listed for sale with an asking price of $5,800,000. Myrtle Avenue is located within the Brooklyn 14 school district. Search Brooklyn real estate on peggyabrams.laffey.com today.