6
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$1,980,000
Est. payment /mo
Active
699 86th ST Brooklyn, NY 11228
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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
Listed by E House Realty & Mgt. Inc.