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Multi Family - for Sale

699 86TH ST, BROOKLYN, NY 11228

Asking Price$1,980,000

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  • Days on market:

    203 day(s)
  • Original Price:

    $1,980,000
  • Property Type:

    Multi Family
  • Total Families:

    2
  • Loading docks:

    None
  • Borough:

    Brooklyn
  • Crossing Street:

    7th Avenue
  • Electric Service:

    220 V
  • Construction Type:

    Brick
  • Yard:

    None
  • Roof:

    Flat
  • Foundation:

    Poured Concrete
  • Heat Delivery:

    Steam/Radiator
  • Loading docks:

    None
  • Basement Amenities:

    Finished

Description

$1,980,000

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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