See Home Value
$4,320,000 - $5,280,000
Commercial - Off Market

705 86th Street

Brooklyn, NY 11228
bedrooms
Studio
bathrooms
0 Bath
square feet
12399 Sqft

About This Property

Hello investors and mixed-use property lovers:

May I have your attention please. One of Bay Ridge's top investment properties is up for sale right now, full brick 3 story building on a double lot (703 - 705)  located on one of the busiest streets in Brooklyn, 86th Street, 1 elevator. 6 commecial (medical / professional office suites), plus 2 apartments, 4 rooms, 2 bedrooms each. fully occupied investment property with NO vacancies, parking space behind the building for 2 cars. Excellent yearly gross income $269,352 with more potential. Close to everything, Verrazano bridge, Brooklyn Queens Expressway, Belt Parkway, Dyker Gulf course and 86th Street shopping strip. High potential investment property that can make you lose sleep at night by just thinking about the possibilities. So, what are you waiting for Mr. Investor? Hurry, please call now and find out yourself how this investment property can make you sleepless!!!

The manager has listed the unit size as 12399 square feet.
Unit Size
12,399Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$387
Property Type
Commercial
Property Taxes
$5,446
HOA Dues
-
Year Built
1961

Price History

Date / Event Date Event Price
Jan 2, 2024 No longer available -
No longer available
Jun 12, 2023 Price Decreased $4,800,000
↓ $300K (5.9%)
Price Decreased
Mar 21, 2023 Listed $5,100,000
Listed

Property Highlights

Exterior Details

Exterior Information

Brick


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
5 Baths
-
$4,150,000 Jun 11, 2021
$4,150,000 Mar 14, 2022
-
House
6 Beds
5 Baths
-
$4,125,000 Jan 19, 2017
$4,125,000 Dec 21, 2021
-
Townhouse
4 Beds
5 Baths
-
$5,237,000 Mar 23, 2019
$5,237,000 Nov 18, 2019
-
Townhouse
6 Beds
3 Baths
-
$3,850,000 Jan 19, 2017
$3,850,000 Jan 26, 2018
-
Other
Loft
-
8,260 ft²
$512/ft²
$4,225,888 Jan 19, 2023
-
$1,977/mo
Commercial
Loft
-
-
$4,698,000 Sep 14, 2023
-
$2,000/mo
House
3 Beds
4.5 Baths
5,018 ft²
$797/ft²
$3,999,000 Apr 12, 2023
-
$1,139/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230321
03/21/2023
Loft
-
12399 ft²
$5,100,000
bedrooms
Loft
bathrooms
-
square feet
12399 ft²
-
-
-
Samy Hassan
Achievers Realty
20211022
10/22/2021
Loft
-
12399 ft²
$4,900,000
bedrooms
Loft
bathrooms
-
square feet
12399 ft²
-
-
-
Cynthia Dgheim
Century 21 Albertson Realty
20210315
03/15/2021
Loft
-
12399 ft²
$4,900,000
bedrooms
Loft
bathrooms
-
square feet
12399 ft²
-
-
-
Cynthia Dgheim
Century 21 Albertson Realty
20191003
10/03/2019
Loft
-
12399 ft²
$5,800,000
bedrooms
Loft
bathrooms
-
square feet
12399 ft²
-
-
-
Cynthia Dgheim
Century 21 Albertson Realty

Building Info

705 86th Street 705 86th Street, Brooklyn, NY 11228
  • 8 Units
More about this Building
705 86th Street
Want to find out who owns 705 86th Street, Brooklyn, NY 11228? Get detailed property transactions here .

About Southwestern Brooklyn


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