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699 86th Street

BROOKLYN, NY 11228
  • $1,980,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 489977
UPDATED: 36 min ago
$1,980,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Built:
1923

School Ratings & Info

Description

Located in the bustling Bay Ridge commercial district on 86th Street, this prime property sits on a 19x100 lot with a 19x55 building. This three-story, solid brick mixed-use building includes two 3-bedroom apartments above a store and a finished basement. The property also offers a double garage. The annual property tax is $9,694. It generates a strong rental income of $157,800 and a cap rate of 7.5%. This well-maintained property is ideal for investment and owner-occupancy, surrounded by a vibrant shopping area, various transportation options, and essential amenities.

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© 2025 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2025-04-26T00:00:36.563.
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699 86th Street BROOKLYN, NY 11228

  • Price: $1,980,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 36 min ago
  • MLS #: 489977
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1923
Built
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
Dyker Heights
Property Description
Located in the bustling Bay Ridge commercial district on 86th Street, this prime property sits on a 19x100 lot with a 19x55 building. This three-story, solid brick mixed-use building includes two 3-bedroom apartments above a store and a finished basement. The property also offers a double garage. The annual property tax is $9,694. It generates a strong rental income of $157,800 and a cap rate of 7.5%. This well-maintained property is ideal for investment and owner-occupancy, surrounded by a vibrant shopping area, various transportation options, and essential amenities.
Exterior Features

Building Length 55.00 Building Width 19.00 Commercial Features Exterior None Construction Materials Brick Exterior Brick Loading Docks None Lot Size Length 100 Lot Size Width 19 Parking Attributes 2 SpacesDetached Garage Parking Feature Community Drive Roof Flat Yard None

Interior Features

Basement Amenities Finished Building Footprint Sq Ft 1045 Commercial Features Interior None Flooring HardwoodTile Foundation Details Poured Concrete Heat Delivery Steam/Radiator Lavatories Unknown

Property Features

Block 6037 Commercial Condo 0 Construction Type Attached Cross Street Name 7th Avenue Electric 220 V Financing 1031 ExchangeBank MortgageCash Fuel Expense 200.00 Gross Income 151800 Heating Fuel Gas Hot Water Gas Lot Number 69 Lot Size Irregular YN 0 Number Of Families 2 Number Of Stores 1 Property Sub Type Mixed Use Property Type Mixed Use Rent Income 157800 Sale Type Arm's Length Tax Amount 9694.00 Transaction Type Sale Utility Expense 500.00 Zoning C4-2A

Listing information © 2025 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of E House Realty & Mgt. Inc.: (718) 680-2776.


© 2025 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2025-04-26T00:00:36.563.
 
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