699 86th ST Active Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11228
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 489977
Year Built 1923
Annual Tax Amount $9,694
Property Sub-Type Mixed Use
Property Description
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.
Location
State NY
County Kings (brooklyn)
Area Dyker Heights
Zoning C4-2A
Rooms
Basement Finished
Interior
Interior Features None
Hot Water Gas
Heating Gas
Flooring Hardwood,Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash