Skip to content
1086 Myrtle Avenue, Brooklyn, photo 1

1086 Myrtle Avenue

$5,600,000

Est. $34,660/mo

Brooklyn, NY 11206 · Brooklyn

Beds
15
Status
Active
On site
3 days

Know your budget before you tour. Get pre-qualified

About this home

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.

Listed with 5 Boro Realty Corp · Natalie Efraimov · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 7:08 PM ET. ©2026 One Key MLS.

Estimate Your Monthly Payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.

$34,659.71Total / mo

Estimated Monthly Payment

Principal & interest
$27,584.13 (79.6%)
Taxes
$6,875.58 (19.8%)
Insurance
$200.00 (0.6%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

Never miss a property

Be the first to know when a Brooklyn home hits the market.

Save this search

Market Insights

The market around Brooklyn, NY

Current Listings

New in the last 30 days

219

Sep 2026

Average Price

Active listings

$1,285,920

Sep 2026

Average Days on Market

Active listings

175 days

Sep 2026

Computed from 1,574 active OneKey MLS listings in Brooklyn, NY.

Similar homes in Brooklyn

See all 27
128 N 1st Street, Brooklyn, NY
Photo 1 of 14
New

$3,999,000

0.05 Acres

128 N 1st Street

Brooklyn, NY 11249

Listed with Douglas Elliman Real Estate

332 Manhattan Avenue, Brooklyn, NY
Photo 1 of 35

$3,989,000

0.04 Acres

332 Manhattan Avenue

Brooklyn, NY 11211

Listed with Capri Jet Realty Corp

427 Metropolitan Avenue, Brooklyn, NY
Photo 1 of 11

$4,390,000

8 Bed • 6 Bath

427 Metropolitan Avenue

Brooklyn, NY 11211

Listed with YC Capital Group LLC