Block 1590 · Lots 4 & 9 · Bedford-Stuyvesant
A 1909 domed bank on the Stuyvesant corner and a 2015 store on Broadway, under the J/M/Z one block from Myrtle Av. Two lots that touch, one owner, and room for more than twice what stands today.
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The corner
Lot lines from the city's tax map. The lots meet along about 78 feet, so they merge into one zoning lot, and the bank's unused floor area can move onto Lot 9.
Columns, a dome, and 117 years on the corner. Kept and restored, it gives a buyer a storefront no new building can copy.
Upper floors step back from Broadway above the lower stories, and the Broadway ground floor must stay retail with glass storefronts.
What it is worth
The closest sale on this corridor, 1150 Broadway in August 2026, went for $175 per buildable SF on the same zoning. The $16M ask needs a rezoning to make sense.
Three ways to sell
A buyer who keeps the bank
For the 31,727 SF that fits on Lot 9 today, plus whatever the restored bank is worth as an 11,592 SF retail or event building.
A buyer who builds on the full site
45,852 buildable SF with no approvals. Closing in 3 to 6 months, no rezoning risk for the seller.
Sale with a rezoning bonus
Cash at closing, then a payment per SF for every buildable SF the city approves above 45,852. Set the terms below.
The path to a rezoning
Survey both lots, clear title, and test-fit the as-of-right building.
Test R9A as the target and R8A as the fallback before spending on an application.
Environmental review, the affordable housing plan, and a station access offer to the MTA.
Community Board 3, the Borough President, City Planning, then the City Council.