# 1123 Myrtle Avenue, Brooklyn

Commercial · built c. 1931 · Block 1584, Lot 39.

On Umarelli: https://umarelli.org/nyc/3015840039/1123-myrtle-avenue

More construction in Bedford-Stuyvesant: https://umarelli.org/nyc/brooklyn/bedford-stuyvesant.md

## Building permits

- New Building, filed Sep 8, 2026, 1 story, described as “Proposed one (1) story Community Facility building.”
- New Building — Large Residential, filed Jan 27, 2026, 77 units, 8 stories, described as “Eight \[8\] story + cellar mixed use building.”
- Demolition, filed Jan 30, 2026, estimated cost $10K, described as “Full demolition application of a 1-story brick and steel with wood frame building.”
- Alteration, filed Nov 3, 2021, estimated cost $76K, described as “Installation of new refrigeration system, modifications of interior existing HVAC”
- Alteration, filed Jul 26, 2021, estimated cost $105K, described as “Cap and remove fixtures and piping, new fixtures and piping”
- Alteration, filed Jul 9, 2021, estimated cost $10K, described as “Modification to the existing sprinkler system.”
- Alteration, filed Jun 30, 2021, estimated cost $695K, described as “Interior renovation of exiting commercial space, new non-load-bearing partitions, new floor ceiling, wall finishes.”

## Property taxes

- Assessment: $5,998,500
- 2026–27 tax: $507,414
- Market value (city estimate): $13,330,000
- Taxable value: $4,677,490
- Assessed land: $281,250
- Assessed improvements: $5,717,250

## Zoning

C4-4L: floor area ratio 1.00 built, 4.00 allowed by base zoning.

## Recent sales

- Mar 27, 2026: $35,500,000, 25,000 sq ft, sold with other lots

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- Myrtle Ave / Lewis Ave Rezoning (City Planning 2020K0310): Completed, decided May 5, 2022. A zoning map amendment from C4-4L to R7D/C2-4 and a zoning text amendment to create a new Mandatory Inclusionary Housing Area (ZR Appendix F) to facilitate a new 10-story mixed-use building, 149,100 zsf residential and 18,900 zsf of ground…

## In the news

[Permits Filed for 1123 Myrtle Avenue in Bed-Stuy, Brooklyn](https://newyorkyimby.com/2026/05/permits-filed-for-1123-myrtle-avenue-in-bed-stuy-brooklyn.html), New York YIMBY, May 15, 2026.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology