885 Myrtle Avenue
885 Myrtle Avenue, Brooklyn, NY 11206
Bedford-Stuyvesant, Brooklyn
BBL 3017470044 · BIN 3048535
- Type
- Condominium
- Landmark
- No
885 Myrtle Avenue is a nine-story, 14-residence condominium permitted for construction on Myrtle Avenue in Bedford-Stuyvesant. The Department of Buildings filed the new-building job on August 22, 2025 and issued the first permit on April 23, 2026, so structural and foundation work is permitted. The sponsor filed the offering plan on June 1, 2026.
The plan's total of $15,400,000 across 14 residences averages $1.1 million, which is our arithmetic on the plan total. Individual prices are in the plan's schedule, which is not public. The building has no accepted plan, no published asks and no sales.
Architecture and residences
AZSK Architects is the applicant on the new-building filing, which describes a nine-story residential building 96 feet tall with 14 dwelling units and 24,032 square feet of construction floor area, or about 1,700 square feet of gross floor area per home before common space. Underpinning and structural filings were permitted in April 2026, and the plumbing and mechanical filings are permitted. Temporary sidewalk-shed, needle-beam and scaffold jobs on the lot were filed in April 2026.
The lot carried a two-story, one-unit house built in 1920 in city records. The land-use file still shows that house and numbers the lot 883; the filings and the plan use 885. A separate six-unit enlargement is permitted next door on the adjacent lot, which the department numbers 883. It has its own applicant and is not part of this plan.
No floor plans, bedroom counts, finishes or amenities have been published.
Offering and pricing
Per the offering plan filed with the New York State Attorney General (plan CD260200), the plan was submitted June 1, 2026 by SB Myrtle LLC as sponsor. The record shows 14 residential units, a total offering price of $15,400,000, no amendments and no acceptance date. Until the Attorney General accepts the plan, the sponsor cannot sign purchase contracts or take deposits or reservations, binding or non-binding; an interest list does not secure a unit.
We found no asking prices.
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There are no sponsor sales yet. Register below and we’ll reach out the moment pricing and the offering plan are released — before the building is on the open market.
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Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
What to know if you’re buying
Nothing is bindable yet. Any price you hear before acceptance is indicative. Read the accepted plan and every amendment before you sign.
Delivery. Construction is permitted; no completion date has been published. Closings follow a certificate of occupancy.
Closing costs. In sponsor sales the buyer customarily pays the New York State transfer tax (0.4%) and the New York City real property transfer tax (1.425% above $500,000), plus the state mansion tax of 1% at $1 million and above. At the $1.1 million plan average that is about $20,100 in transfer taxes and $11,000 in mansion tax, before any gross-up. Use the calculators below to run your price.
Carrying costs and abatement. The plan's budget sets common charges and projected taxes. We have not seen it, and no tax abatement is confirmed. Ask whether the sponsor expects any exemption.
Sponsor control. The sponsor controls the board until enough units close to turn it over. The by-laws set the threshold.
Comparable buildings
If you're considering 885 Myrtle Avenue, also look at these Myrtle Avenue and Bedford-Stuyvesant condominiums:
- 859 Myrtle Avenue — Cascade F Condominium, ten stories on the same block with a 25-year 421-a exemption
- 735 Myrtle Avenue — eight-story mixed-use building of ten condominium residences over a commercial unit
- 609 Myrtle Avenue — 18-residence condominium with lower-floor terraces and an active 421-a benefit
- 259 Halsey Street — eight-residence Bedford-Stuyvesant condominium with six sponsor closings recorded
- 689 Myrtle Avenue — The Chocolate Factory, a 45-residence loft conversion
More Bedford-Stuyvesant buildings
- 829 Bedford Avenue — 2005 condominium
- 844 Bedford Avenue (The Bedford Condos) — 2024 condominium
- 859 Myrtle Avenue — 2018 condominium
- 906 Kent Avenue — 1939 condominium
- 92 Stockton Street — 2021 condominium
- 924 Lafayette Avenue — 2022 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Bedford-Stuyvesant.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 885 Myrtle Avenue?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com