Active

703 86th Street

Brooklyn NY, 11228

$4,480,000


$871.76 per sqft

Active

5,139 sqft

Multi-family

Built in 1961

Bay Ridge /Dyker Heights borderline Busy PRIME 86 Street retail strip very well maintained newly renovated in 1989 3 story brick elevator legal 2 family & 6 offices FOR SALE (703 Combined with 705 86 Street 2 buildings) Commercial Office space approximately total 6,600 sq ft & 2 modern residential unit approximately 1,019 sq ft each! Total 8,637 sq ft! 2 offices owner use and owner built with top-of-the-line hardware, material & spared no expenses! High projected CAP rate!! Zoning C4-2A: 703 86 Street building size 54.38' X 76' - 705 86 Street building size 54.38 ft x 89.33 ft total lot size 70.66 ft x 89.33 ft Unused FAR 6,783! Staten Island University Hospital | Northwell Health prime tenant! 7% Cap! Great location- minutes away from Train station, Express bus to Staten Island, BQE, Verrazano bridge!! High EXPOSURE!!! Many upsides potential! Owner motivated!! Convert to condominium or residential!

486123

MLS ID

September 19, 2024

Listed

November 25, 2024

Updated

Map

703 86th Street
Brooklyn NY, 11228

Interior Features

Total Stories

3


Interior Features

Elevator


Appliances

Gas Water Heater


Floor Description

Carpet, Hardwood


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Steam, Natural Gas

Exterior/Building Features

Lot Size

0.2 Acres


Roof

Rubber

Other Property Details

Area Name

Brooklyn


Taxes

$64,154


Tax Frequency

Annually


Days on Market

37


Garage

No


View

No


County

Kings


Pool

No


Zoning

C4-2A

Listing History

Date

Event

Price

9/19/2024

Price change

$4,480,000

-7%

Listed by Jean Paul Ho with BRP Associates Inc
Listing Contact: 7187136888 

Based on information from Brooklyn Board of REALTORS®. Data last updated 11/25/2024. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Revived Residential shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Brooklyn Board of REALTORS®. All rights reserved.

Powered byLuxury Presence