518 86 Street

Brooklyn, NY 11209 / Bay Ridge

MLS ID# 1147380 Active
Commercial

$3,695,000



Details for 518 86 Street, Brooklyn NY 11209

21103RM: 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 facade. 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.

Features and Details

  • Category Commercial
  • Type Commercial
  • Area/Neighborhood Bay Ridge
  • County Kings
  • Lot Dimensions 20x80
  • Lot Size 1600 SqFt
  • MLS ID# 1147380

Building Avail Sqft
Avail SqFt: 4950
Warehouse
Avail SqFt: 0
Retail
Avail SqFt: 1350, Ceiling Height: 11.00
Sprinklers
No
Income
Gross: 0.00, Net: 0.00
Total Expenses
0.00
Electric
220
Features
Apartment, Medical/Dental, Office, Restaurant, Retail
Heat
Gas, Steam
Parking
Street
Sewer
City

Parcel Details

  • Category Commercial
  • Land Use Category Mixed Residential & Commercial Buildings
  • BBL # 3060510025
  • Parcel # 06051-0025
  • County Kings
  • Borough Kings
  • Borough Code 3
  • Total Building Source Code Department of Finance's RPAD File
  • Number of Buildings 1
  • Residential Units 2
  • Lot Frontage 20
  • Lot Depth 80
  • Building Frontage -
  • Building Depth -
  • Land Assessed Value 36360
  • Total Assessed Value 66000
  • Year Altered 1 0
  • Historic District Name -
  • Landmark Name -
  • Acreage 1600 SqFt
  • Tax Block 6051
  • Tax Lot 25
  • Zoning District 1 C4-2A
  • Zoning, All Components 1 C4-2A/BR
  • Building Class S2
  • Number of Easements 0
  • Type of Ownership (code) -
  • Total Building Floor Area 4950
  • Commercial Floor Area 1350
  • Residential Floor Area 3600
  • Office Floor Area 0
  • Retail Floor Area 0
  • Garage Floor Area 0
  • Storage Floor Area 0
  • Factory Floor Area 0
  • Other Floor Area 1350
This listing was last updated on 7/12/2021 11:53:43 AM.