2384 86th St 12,130 SF 42% Leased Retail Building Brooklyn, NY 11214 $17,900,000 ($1,475.68/SF)

eXp Realty is pleased to exclusively present the sale of 2362–84 86th Street, Brooklyn, NY, a highly visible commercial asset located along Bensonhurst’s most active and established retail corridor.
The property sits on a 15,440 SF lot and features approximately 12,130 SF of ground-floor retail space plus 12,130 SF of basement space, offering exceptional scale and flexibility for a wide range of retail, user, or investment strategies. With approximately 193 feet of continuous storefront frontage on 86th Street, one of Brooklyn’s premier shopping streets, the asset provides outstanding exposure, signage potential, and long-term value.
Prime Retail Location
Positioned within a dense commercial hub, the property is surrounded by a strong lineup of national and regional tenants, including major banks, quick-service restaurants, and well-known retailers. This stretch of 86th Street consistently benefits from heavy foot and vehicular traffic, driven by a large residential population and ongoing neighborhood development.
The property enjoys excellent accessibility, with close proximity to the Bay Parkway and 25th Avenue 86th Street subway stations (D line), along with convenient access to the Belt Parkway—making it easily reachable for both local customers and destination traffic.
Asset Overview
One-story commercial building
Eight retail units
193 feet of prime frontage on 86th Street
15,440 SF lot
Strong foot and vehicular traffic
User / Investor Opportunity
A substantial portion of the building—approximately 6,938 square feet—is currently vacant, creating a rare opportunity for an owner-user, national retailer, or investor seeking immediate occupancy or value-add leasing upside. The vacant space offers flexibility for single-tenant or multi-tenant configurations, subject to layout and zoning.
Additionally, in-place rents remain below market, providing investors with a clear path to enhanced income through lease-up and rent repositioning.
Investment Highlights
High Visibility: Rare 193-foot frontage along one of Brooklyn’s busiest retail corridors
Flexible Use: Large ground-floor and basement footprint ideal for owner-users, flagship retail, or repositioning
Value-Add Upside: Below-market rents and vacancy offer strong NOI growth potential
Strategic Location: Transit access, dense demographics, and ongoing neighborhood development support long-term demand
This offering represents a compelling opportunity to acquire a high-profile retail asset with immediate usability and long-term upside in one of Brooklyn’s most established commercial districts.
Contact exclusive agents for additional information, rent roll, and property details.