Seller Financing
Address
518 86 Street Brooklyn, NY
Price
$ 3,695,000
Property Attributes
  • MLS#1147380
  • TypeCommercial
  • CountyKINGS
  • CityBrooklyn
  • AreaBay Ridge
  • Zip11209
  • StyleCommercial
  • Year Built1926
  • Taxes$ 16667
  • Price$ 3,695,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4950
  • Lot Size1,600 SqFt
Listing Provided Courtesy Of:
Angelo Saraniero with Robert DeFalco Realty, Inc.
Data Source:
Staten Island MLS (SIBOR)
Property Description

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.

Price History
6/29/2021 Listed $3,695,000

General Features

Features Apartment, Medical/Dental, Office, Restaurant, Retail
Property Type E
Sewer City
Stories 4.0
Type Commercial
Zoning C4-2

Interior Features

Heating System Steam

Exterior Features

Latitude 40.620973
Longitude -74.025837
Condition Excellent
Garages 0.00
Number of Buildings 1.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 11209

Price
AVG $600K
$3.7M
Taxes
AVG $11,900
$16,667
Visits
AVG 61
99
Year Built
AVG 1937
1926
Walkscore
AVG 97
98
Data Provided by Walkscore ® not using MLS data

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