524 86th St - Apartments FOR SALE


Brooklyn, NY 11209- Bay Ridge
$2,950,000 USD
524 86th St, Brooklyn, NY for Sale
$2,950,000 USD
Apartments - FOR SALE
1/7
null | 5.76% Cap Rate

524 86th St
Brooklyn, NY 11209
Bay Ridge


HIGHLIGHTS

  • Current Gross Income: Approx. $15,550/month
  • Situated in a vibrant commercial corridor with strong foot traffic
  • Surrounded by established retail and dining, including Sushi Hana
  • Easy access to public transportation and major thoroughfares

OVERVIEW

An exceptional mixed-use investment opportunity located in the heart of Bay Ridge, Brooklyn. This 6-unit property combines residential, office, and retail components, offering strong current income and upside potential in a high-traffic Business Improvement District (BID). Built in 1926, the building sits on a 1,600 sqft lot and includes: 4 residential units (3R, 3F, 4R, 4F) 1 office unit (2nd floor) 1 retail storefront (currently Sushi Hana)

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$590 USD /SF

# OF UNITS

6

PRICE/UNIT

$491,667

CAP RATE

5.76%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,478 SF

ZONING

C4-2A

APN/PARCEL ID

06051-0027

ASK ABOUT THIS PROPERTY

Charles Farraj1st Premier Realty Network INCMore Info

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