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709 86th Street

BROOKLYN, NY 11228
  • $1,688,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 488861
UPDATED: 58 min ago
$1,688,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,596
    SQFT
  • $1,058
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1923
Area:

School Ratings & Info

Description

GREAT NEWS FOR INVESTORS, the first time on market Mixed-Use Building (1 Family with 2 Bedrooms + Retail Store)Year Built: 1923Lot Size: 19x63 feetBuilding Dimensions: 1st floor 19x63 feet, 2nd floor 19x43Zoning: C4-2A (commercial zoning with residential potential)Annual Taxes: $7,686, Retail Store: Currently unleased, offering flexibility for future tenants or owner use.Condition: Well-maintained building.Situated on one of the busiest roadways in the area, ensuring excellent visibility and foot traffic. Just minutes away from express buses and the Gowanus Expressway, providing convenient access for commuters. A great option for a 1031 exchange, ideal for investors seeking to reinvest in high-potential properties.This property offers both residential and commercial versatility, making it an excellent choice for investors, business owners, or developers.

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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 RE/MAX Edge. Data last updated: 2025-02-07T11:00:25.417.
www.remaxedgenyc.com/homes/159822783
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709 86th Street BROOKLYN, NY 11228

  • Price: $1,688,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 58 min ago
  • MLS #: 488861
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1,596
SQFT
$1,058
$/SQFT
1923
Built
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
Bay Ridge
Property Description
GREAT NEWS FOR INVESTORS, the first time on market Mixed-Use Building (1 Family with 2 Bedrooms + Retail Store)Year Built: 1923Lot Size: 19x63 feetBuilding Dimensions: 1st floor 19x63 feet, 2nd floor 19x43Zoning: C4-2A (commercial zoning with residential potential)Annual Taxes: $7,686, Retail Store: Currently unleased, offering flexibility for future tenants or owner use.Condition: Well-maintained building.Situated on one of the busiest roadways in the area, ensuring excellent visibility and foot traffic. Just minutes away from express buses and the Gowanus Expressway, providing convenient access for commuters. A great option for a 1031 exchange, ideal for investors seeking to reinvest in high-potential properties.This property offers both residential and commercial versatility, making it an excellent choice for investors, business owners, or developers.
Exterior Features

Building Length 63.00 Building Width 19.00 Commercial Features Exterior Other Construction Materials Brick Exterior Brick Loading Docks None Lot Size Length 63 Lot Size Width 19 Parking Attributes None Parking Feature None Roof Flat Yard None

Interior Features

Basement Amenities FullUnfinished Building Footprint Sq Ft 1197 Ceiling Height 8-10 Foot Commercial Features Interior KitchenRestrooms - Staff Flooring Carpeting Foundation Details BlockPoured Concrete Heat Delivery Steam/Radiator Lavatories 2 Walls Sheet Rock

Property Features

Commercial Condo 0 Construction Type Attached Cross Street Name 7th ave Cross Street Name2 dahlgren PL Electric 110 V Financing 1031 ExchangeAssumptionBank MortgageCash Fuel Expense 2500.00 Gross Income 72000 Heating Fuel Gas Hot Water Gas Insurance Expense 6000.00 Lot Size Irregular YN 1 Net Operating Income 55814.00 Number Of Families 1 Number Of Stores 1 Property Sub Type Mixed Use Property Type Mixed Use Sale Type Arm's Length Tax Amount 7686.00 Transaction Type Sale Utility Expense 0.00 Zoning C4-2A

Listing information © 2025 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of Tiger Realty: (917) 708-9966.


© 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 RE/MAX Edge. Data last updated: 2025-02-07T11:00:25.417.
 
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