$5,600,000 $5,800,000
Updated 24 days ago

1086 Myrtle Ave

Stuyvesant Heights, Brooklyn | Lewis Ave & Broadway

1 Bath10,000 Square FeetCommercial

$5,600,000 $5,800,000
floors3
Building TypeLow-Rise
Price Per SF
$560

Property Description for 1086 Myrtle Ave

1086 Myrtle Avenue, Brooklyn, NY 11206Prime Bedford-Stuyvesant Development OpportunityDevelopment Site | 5,000 SF Lot | 50' × 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' × 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' × 100' — approximately 5,000 SFExisting Building: Approximately 50' × 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.

Listing History for 1086 Myrtle Ave

Now
09/22/2026
$5,600,000 [-$200,000] [3.4%]
Price Drop by Natalie Efraimov
5 Boro Realty Corp
09/15/2026
$5,800,000
Initial Price by Natalie Efraimov
5 Boro Realty Corp

Building Details for 1086 Myrtle Ave

OwnershipCommercial
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1917
Floors3
Learn More About the Building
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 108508TH