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2797-2799 86th St 4,260 SF 100% Leased Retail Building Brooklyn, NY 11223 $2,290,000 ($537.56/SF) 7.31% Cap Rate



Executive Summary
This is a high return investment and fully leased commercial building with five unique commercial spaces. Top great features for the property are as follows: 2 Stories building with high ceiling basements, 4,260 Square Feet total, 5 Commercial Retail Spaces with long term tenants, building size: 38 X52, Lot: 38x52, Zoning: C1-2/R5, facing both 86th ST and west 8th ST, close multiple large supermarkets and top retail stores, such as Mcdonald’s and Petco , close to N train and F train stations, close to freeway 278, net income is close to 165k, top investment returns for the properties, it is excellent for owner self-use or 1031 exchange buyers or investors who are looking for high returns or easy management with stable incomes. Open house: Mar. 22 (Sunday, 12pm-1:30pm).
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,260 SF
Building Class
C
Year Built
1982
Price
$2,290,000
Price Per SF
$537.56
Cap Rate
7.31%
NOI
$167,300
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.63
Lot Size
0.06 AC
Zoning
R5
Frontage
38’ on 86Th St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Services
- -
- -
- -
Auto repair shop in Brooklyn, New York.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Services | - | - | - |
Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (97)
Bike Score®
Very Bikeable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | 07142-0118 | Improvements Assessment | $392,400 |
| Land Assessment | $48,150 | Total Assessment | $440,550 |
Property Taxes
Parcel Number
07142-0118
Land Assessment
$48,150
Improvements Assessment
$392,400
Total Assessment
$440,550
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Sun Realty New York Inc.
2797-2799 86th St
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