603 Myrtle Avenue, Brooklyn, NY 11205

Property Description

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.