1086 Myrtle Avenue Brooklyn, NY $ 5,300,000
1086 Myrtle Avenue
$ 5,300,000
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1086 Myrtle Avenue

Brooklyn, NY, 11206
$ 5,300,000
Bedrooms15 Baths0.0 Sq 10,000

Monthly Estimate*

$ 36,606

1086 Myrtle Avenue, Brooklyn, NY 11206 - Image 1

Multi-Family Home for sale in Brooklyn, NY

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.

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Multi-Family Active

Price

$ 5,300,000

Bedrooms

15

Property Type

Multi-Family

Taxes

$ 82,506

Style

Duplex

Lot Size

0.1148

Year Built

1917

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

1050736

Features
Interior
Interior Amenities Other
Basement Crawl Space
Basement Features Crawl Space
Basement (Y/N) Y
Total Bedrooms 15
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General
Sewer 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
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Exterior
Parking Features None None
Water Source Public
Foundation Details Other
Building Area Total 10000
Waterfront Y/N N
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Internal Only
Street Number 1 1086
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* Excluded Features
List By
Natalie Efraimov

Listing Agent

5 Boro Realty Corp

Broker

646-821-0414

Contact

Affordability Calculator

$43,481
Per Month
84%
16%
0%
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.
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Nearby
5309708 Elementary School
4099917 Middle School
Brooklyn Prep High School High School
Pricing History
DatePricePrice ChangeDescription
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

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1086 Myrtle Avenue, Brooklyn, NY, 11206 is a Multi-Family Home for sale at $5,300,000 with 10,000 sqft and a lot size of 0.1148. 1086 Myrtle Avenue has 15 bedrooms, 0.0 baths, and was built in 1917. The property's zip code is 11206 which is in Brooklyn, NY