2799 86th Street, Brooklyn, NY 11223
COMMERCIAL - Brooklyn, NY
- Added:
- Oct 20, 2025
- Days on Market:
- 232
- Last Refresh:
- Jun 8 at 10:06 am
Property Features for 2799 86th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R5/C1-2
- Basement
- Finished
- Standard status
- Active
- Size
- 4,260 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 38000
Listing agent Dongyun Lin (718) 650-5775
Listing office Sun Realty New York Inc 8418 18th Ave, Brooklyn, NY (718) 650-5775
Listing date Oct 20, 2025
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High net income (close to $165k) and top investment returns
- Fully leased commercial building with five commercial retail spaces and long‑term tenants
- Excellent location facing both 86th ST and West 8th ST, close to supermarkets and retail stores (McDonald's, Petco)
- Convenient access to N and F train stations and freeway 278
- Suitable for owner self‑use, 1031 exchange buyers, or investors seeking high returns and easy management
- Two‑story building with high‑ceiling basements and 4,260 total square feet
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $331.3k | $77.76 |
| − Vacancy | −$39.4k | −$9.25 |
| EGI | $291.8k | $68.51 |
| − OpEx | −$87.6k | −$20.55 |
| NOI | $204.3k | $47.95 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Fiona's House — 559 86th St, Brooklyn, NY 11209
- The Flower Boutique — 9224 4th Ave, Brooklyn, NY 11209
- Benicia Florist Same Day Delivery Inc — 530 86th st #6, brooklyn, ny 11209
- Floral Fantasy of Bay Ridge LTD. — 9706 3rd Ave, Brooklyn, NY 11209
- Ben's Florist — 9518 4th Ave, Brooklyn, NY 11209
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.978654
- Latitude
- 40.59301