Kings  »  11206  »  Myrtle Ave  »  1123 Myrtle Ave

1123 Myrtle Avenue, Brooklyn, NY 11206 - Property report

Also known as: 1111 Myrtle Ave

Property image for 1123 Myrtle Avenue, Brooklyn, NY 11206
static Mapbox map

Property type

One Story Retail Building (K1)

Year built

1931

Lot sq. ft.

25,000

Sale price

$35,500,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1123 Myrtle Avenue
Alternate address(es)
1111 Myrtle Ave
ZIP code
11206
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01584-0039

Owner

Find out who owns 1123 Myrtle Avenue, Brooklyn, NY 11206. Uncover corporate and individual owners with a free account.

Building
Property type
One Story Retail Building (K1)
Building sq. ft.
25,000
Building dimensions
250 ft x 100 ft
Buildings on lot
1
Stories
1
Year built
1931
Last altered
2018
Building material
Sales
Sale date
03/27/2026
Sale price
$35,500,000 - M
Tax
Tax year
2026-2027
Property tax
$507,414
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
250 ft x 100 ft
Lot sq. ft.
25,000

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
99 /100.  Rider's Paradise
Bike score
78 /100.  Very Bikeable
School district
14
Community district
3
Closest police station
0.64 Miles
Closest fire station
0.28 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 1123 Myrtle Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 1123 Myrtle Avenue, Brooklyn, NY 11206

Sale date Sale price Buyer name Seller name
03/27/2026 $35,500,000 XXXXXX XXXXXXX XX XXX XXXX XXXXXX XXXXXX XXXXX XXX
12/29/2009 $11,435,775 XXXX XXXXXX XXXXXX XXXXX XXX XXXXXXXX XXX XXX.
02/16/2006 $4,250,000 XXXXXXXX XXX XXXX. XXXXXXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/12/2026 - R
06/09/2026 - D		 Certificate
(2026060900272001)		 XXXXXXXXXX XXXXXXXX XXX
06/12/2026 - R
06/08/2026 - D		 Zoning Lot Description
(2026060900272002)		 XXXXXX XXXXXXX XX XXX
04/07/2026 - R Initial UCC1
(2026040200332008)		 XXXXXX XXXXXXX XX XXX XX XXXXX XXX
05/14/2026 - R
03/27/2026 - D		 Assignment, Mortgage
(2026050700737004)		 XX XXXXX XXX XXXX XXXX
05/14/2026 - R
03/27/2026 - D		 Asgn of Asgn of L&R
(2026050700737003)		 XX XXXXX XXX XXXX XXXX
05/14/2026 - R
03/27/2026 - D		 Assignment, Mortgage
(2026050700737002)		 XX XXXXX XXX XXXX XXXX
05/14/2026 - R
03/27/2026 - D		 Assignment, Mortgage
(2026050700737001)		 XX XXXXX XXX XXXX XXXX
04/07/2026 - R
03/27/2026 - D		 Assignment of Leases and Rents
(2026040200332007)		 XXXXXX XXXXXXX XX XXX XX XXXXX XXX
04/07/2026 - R
03/27/2026 - D		 Mortgage
(2026040200332006)		 XXXXXX XXXXXXX XX XXX XX XXXXX XXX
04/07/2026 - R
03/27/2026 - D		 Mortgage
(2026040200332005)		 XXXXXX XXXXXXX XX XXX XX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1123 Myrtle Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$507,414
Municipal exemptions
Recent tax assessments
Market value
$13,330,000
Assessed value
$5,998,500

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $12,983,000 $5,842,350 $4,480,780 10.848% $486,075 $486,075 -13.69%
2024/25 $14,807,000 $6,663,150 $5,232,690 10.762% $563,142 $563,142 +15.41%
2023/24 $14,739,000 $6,632,550 $4,606,909 10.592% $487,964 $487,964 +15.20%
2022/23 $12,259,000 $5,516,550 $3,978,722 10.646% $423,575 $423,575 +16.95%
2021/22 $8,168,000 $3,675,600 $3,367,670 10.755% $362,193 $362,193 +14.66%
2020/21 $7,809,000 $3,514,050 $2,953,890 10.694% $315,889 $315,889 +11.60%
2019/20 $7,494,000 $3,372,300 $2,686,320 10.537% $283,058 $283,058 +10.20%
2018/19 $7,399,000 $3,329,550 $2,443,050 10.514% $256,862 $256,862 +13.72%
2017/18 $5,103,000 $2,296,350 $2,148,390 10.514% $225,882 $225,882 +3.96%
2016/17 $5,016,000 $2,257,200 $2,054,880 10.574% $217,283 $217,283 +10.95%
Permits

Permit information for 1123 Myrtle Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/28/2026 New building
07/02/2026 New building
06/29/2026 New building
06/29/2026 New building
06/29/2026 New building

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
05/02/2023 Bench-failure to benchmark none

*Most recent DOB violation on record for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Broadway & Myrtle Ave at SW Corner
Station lines
J-M-Z
Distance (miles)
0.08
View subway map

Access the detailed traffic volume map for 1123 Myrtle Avenue, Brooklyn, NY 11206 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 1123 Myrtle Avenue, Brooklyn, NY

42 Lewis Ave, Brooklyn 922 Broadway, Brooklyn 1064 Myrtle Ave, Brooklyn 1066 Myrtle Ave, Brooklyn 924 Broadway, Brooklyn 303 Vernon Ave, Brooklyn 46 Lewis Ave, Brooklyn 914 Broadway, Brooklyn 362 Stockton St, Brooklyn 1103 Myrtle Ave, Brooklyn 1101 Myrtle Ave, Brooklyn 44 Lewis Ave, Brooklyn 920 Broadway, Brooklyn 918 Broadway, Brooklyn 1125 Myrtle Ave, Brooklyn 916 Broadway, Brooklyn 1072 Myrtle Ave, Brooklyn 926 Broadway, Brooklyn

Nearby ZIP codes for 1123 Myrtle Avenue, Brooklyn, NY

10002, New York City, NY 10009, New York City, NY 10010, New York City, NY 11101, New York City, NY 11104, New York City, NY 11109, New York City, NY 11201, New York City, NY 11205, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY 11378, New York City, NY

Frequently asked questions

What is the year built for 1123 Myrtle Avenue, Brooklyn, NY 11206?

The development at 1123 Myrtle Avenue, Brooklyn, NY 11206 was built in 1931.

What is the market value of 1123 Myrtle Avenue, Brooklyn, NY 11206?

The current market value of 1123 Myrtle Avenue, Brooklyn, NY 11206 is $13,330,000.

What is the total square footage of 1123 Myrtle Avenue, Brooklyn, NY 11206?

1123 Myrtle Avenue, Brooklyn, NY 11206 has a total of 25,000 square feet.

What is the price per square foot for this property?

$1,420 per square foot is the price for 1123 Myrtle Avenue, Brooklyn, NY 11206.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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