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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 ...

New York, NY 11206

Listing

Web ID:5745945
Website:https://www.nestseekers.com/5745945

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 15 BR
Lot Size: 0.1 Acres

Financials

Price:$5,800,000
Annual Taxes:$82,506.84

Description

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.

Amenities

  • Other

Contact

Williamsburg, NY
578 Driggs Avenue Brooklyn, NY 11211
Phone: +1 718-302-0900
Fax: +1 718-228-3917
williamsburg@nestseekers.com
Listing Courtesy of 5 Boro Realty Corp
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