518 86th Street, Brooklyn, NY 11209 (MLS # 2400746)

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PRICE $3,150,000 dsIDX morgage calculator
SIZE 4,950 sqft
LOT SIZE 1,743 sqft

Outstanding Investment Opportunity with high income and low real estate taxes. Great Candidate for 1031 Exchange! Situated on 86th Street in Bay Ridge, one of Brooklyn's busiest commercial corridors. Boasting an extremely high traffic location, this well-maintained mixed use 4 story building, plus full finished basement, under-went an extensive gut renovation in 1996 including water main, sewer line, electric & gas services and interior electrical & plumbing lines. Additional renovations include interior & exterior concrete work and completely new building façade. Retail space is vented, equipped with central air and underwent recent renovations (2019), making it especially well-suited for any type of food establishment but with the potential to be utilized for any retail purpose including medical or professional use. Commercial space includes 1,350 sq ft ground floor w/11' ceilings + 1,350 sq ft fully finished and tiled basement with clear 8' ceiling height, half bath, office space, floor drains, grease trap and hydraulic lift to ground floor - a total of 2,700 usable sq ft. This building offers an excellent opportunity for owner/user. The property also contains 'FREE MARKET' residential units. Agent has partnership interest in property.

DAYS ON MARKET Login to view Days on Market LAST UPDATED Login to view Last Updated
YEAR BUILT Login to view Year Built COMMUNITY Bay Ridge
COUNTY Kings STATUS Sold
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR CONDITIONING Yes
AREA Bay Ridge
HEAT Natural Gas, Steam
LOT 1742 sq ft
LOT DIMENSIONS 20x80
PARKING On Street
SEWER Public Sewer
STORIES 4
TAXES 16759
MORTGAGE CALCULATOR
   

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CONTACT US ABOUT 518 86TH STREET
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Listed with Robert DeFalco Realty, Inc.
All information deemed reliable, but not guaranteed accurate, and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor DiTommaso Real Estate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. All information presented herein, including: property type, actual square footage, legal use of premises, room count, room dimensions, number of bedrooms, tax data, and property zoning should be verified by your qualified attorney, licensed architect, or tax professional.
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