1111 Myrtle Avenue, Brooklyn
Parking · Block 1584, Lot 50.
Building permits
- New Building — Large Residential, filed Jan 27, 2026, 77 units, 8 stories, described as “Eight [8] story + cellar mixed use building.”
Property taxes
- Assessment
- $242,550
- 2026–27 tax
- $18,286
- Market value (city estimate)
- $539,000
- Taxable value
- $168,570
- Assessed land
- $222,750
- Assessed improvements
- $19,800
Zoning
C4-4L: floor area ratio 0.00 built, 4.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Mar 27, 2026: $35,500,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
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…