250 86th St - Office FOR SALE


Brooklyn, NY 11209- Bay Ridge
$1,900,000 USD
718-360-1331
250 86th St, Brooklyn, NY for Sale
$1,900,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate

250 86th St
Brooklyn, NY 11209
Bay Ridge


HIGHLIGHTS

  • Free Market mixed-use building in the heart of Bay Ridge
  • Prime 86th Street location on Bay Ridge's strongest retail corridor
  • Immediate proximity to Ridge Boulevard, one of Bay Ridge's most desirable residential sections
  • Fully renovated, turnkey asset
  • Vacant building - ideal for investor repositioning or end-user occupancy
  • Newly built and renovated medical office

OVERVIEW

Investment Property Realty Group (IPRG) is pleased to exclusively present the opportunity to acquire 250 86th Street, a prime free market mixed-use asset located in the heart of Bay Ridge. The property is located on 86th Street just off Ridge Boulevard, at the intersection of Bay Ridge’s strongest retail corridor and one of the neighborhood’s most sought-after residential sections. The subject property consists of one residential apartment above a two-story medical office, totaling approximately 3,420 square feet. The building is constructed approximately 20 feet by 58 feet, situated on a 20-foot by 100-foot lot. The property is zoned R5D / BR and benefits from the highly sought-after protected Tax Class 1 designation. The asset is fully renovated and turnkey and is currently vacant, offering a unique opportunity for investors to reposition the asset or for an end user to occupy the space. The property features a newly built-out medical office and a large, brand-new 3-bedroom / 2-bathroom residential apartment. The property is located less than two blocks from the 86th Street [R] subway station, providing convenient access to Manhattan, Queens, and the rest of Brooklyn.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$728 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R5D, BR

APN/PARCEL ID

06043-0027

ASK ABOUT THIS PROPERTY

Matt DittmeierInvestment Property Realty GroupMore Info
718-360-1331

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Matt DittmeierInvestment Property Realty GroupMore Info
718-360-1331

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.