1086 Myrtle Avenue
Brooklyn, NY, 11206 $ 5,300,000
Bedrooms15 Baths0.0 Sq 10,000 Monthly Estimate*
$ 36,606
for $5,300,000 with 15 bedrooms. This 10,000 square foot home was built in 1917 on a lot size of 0.1148.
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.
See more
FeaturesInteriorInterior Amenities Other
Basement Crawl Space
Basement Features Crawl Space
Basement (Y/N) Y
Total Bedrooms 15
See more
GeneralSewer Other
Heating Other
Cooling Multi Units
Utilities See Remarks
Construction Materials Other
Year Built 1917
Property Subtype Duplex
Tax Year 2025
Parcel Number 01586-0006
County Kings (Brooklyn)
Property Type Residential Income
Garage Y/N N
Full Baths 0
High School Brooklyn Prep High School
City New York
Senior Community Y/N N
High School District Brooklyn 14
Number Of Units Total 10
Carport Y/N N
Elementary School Brooklyn Arbor Elementary School
Property Attached Y/N Y
Tax Annual Amount 82506.84
Middle/Junior High School Brooklyn Prep High School
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooklyn 14
Elementary School District Brooklyn 14
Tax Assessed Value 937800
See more
ExteriorParking Features None None
Water Source Public
Foundation Details Other
Building Area Total 10000
Waterfront Y/N N
See more
* Excluded FeaturesList ByNatalie EfraimovListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $36,606
- Monthly Property Taxes
- $6,876
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Brooklyn, NY
Average List Price $1,791,164
Percent of Sale Price 66%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
5309708 Elementary School
4099917 Middle School
Brooklyn Prep High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/9/2026 | $5,300,000 | -5.36% | Price Down |
| 9/16/2026 | $5,600,000 | -3.45% | Price Down |
| 9/14/2026 | $5,800,000 | | Listed Price |