by RH Advisors

Check Availability
$2,580,000
● Land - For Sale

603 Myrtle Avenue

New York, NY 11205
bedrooms
Studio
bathrooms
0 Bath
$13,271
Est. Monthly

About This Property

Rectangular interior development site located along the Myrtle Avenue commercial corridor in Bedford-Stuyvesant, Brooklyn. The property comprises approximately 1,896 SF of land, with approximately 20 feet of frontage and 92 feet of depth, currently improved by a single-story retail building of approximately 800 SF.

Located in an R7A zoning district with a C2-4 commercial overlay, the property presents an opportunity for potential mixed-use redevelopment, subject to applicable zoning regulations and required approvals. Preliminary zoning calculations indicate approximately 7,584 SF of standard residential zoning floor area (4.00 FAR), with potential for up to approximately 9,499 SF (5.01 FAR) for qualifying affordable housing development, subject to applicable eligibility requirements and restrictions.

Featuring direct Myrtle Avenue frontage and convenient access to neighborhood retail, restaurants, Pratt Institute, and public transportation, this property offers an attractive development opportunity for investors and developers seeking a presence in a well-established Brooklyn commercial corridor.
Unit Size
-
Days on Market
3 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
$602
HOA Dues
-
Year Built
1985

Listed By

Siang Liu
E Realty International Corp

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Last updated: 2 days ago (OneKey MLS #KEY1071406)

Price History

Date / Event Date Event Price
Nov 6, 2026 Listed by P R O Links Realty Inc $2,580,000
Listed by P R O Links Realty Inc

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Size Area: 1889
Lot Size Units: Square Feet
Lot Size Acres: 0.0434
Lot Size Square Feet: 1889
Financial Details
Tax Assessed Value: $66,600
Tax Annual Amount: $7,225
Utilities Details
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1985
  • Building Count: 1
  • Floor Count: 1
  • Total Unit Count: 1
  • Basement Type: 0

    Dimensions

  • Lot Area Sqft: 1,896
  • Lot Size Depth Feet: 93
  • Lot Size Frontage Feet: 20
  • Building Depth: 40
  • Building Frontage: 20
  • Gross Building Area: 800

    Building Floor Area

  • Commercial Building Floor Area: 800
  • Retail Building Floor Area: 800

    Floor Area Ratio

  • Residential Floor Area Ratio: 4
  • Facilities Floor Area Ratio: 4

Building

  • Building Type: K1
  • Lot Type: 5
  • Land Use: 05
  • Irregular Lot Code: Y
  • Proximity Code: 3
  • Extension Code: N

Neighborhood

  • Community District: 303
  • City Council District: 33
  • Police Precinct: 79
  • Fire Company: L119
  • Health Area: 1410
  • Sanitation District Borough: 3
  • Sanitation Subsection: 1A
  • School District: 14

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7A
  • Zoning Commercial Overlay 1: C2-4

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1897
  • Lot: 63
  • Borough Block Lot: 3018970063

    Address

  • Full Address: 603 Myrtle Avenue
  • Zip Code: 11205

Valuation

    Assessments Valuation

  • Assessed Total Value: $54,900
  • Assessed Land Value: $12,150

    Exemptions

  • Exempt Total Value: $0
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 603 Myrtle Avenue built and last sold?
The property at 603 Myrtle Avenue was built in 1985 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 603 Myrtle Avenue is $2,605,800.
What are some comparable homes to 603 Myrtle Avenue?
There are currently no comparable homes to 603 Myrtle Avenue.