Brooklyn Commercial Building Investment
2799 86th Street Brooklyn, NY 11223
For Sale
$2,290,000
COMMERCIAL - Brooklyn, NY
Property Size4,260 SF
Lot Size0.05 Acres
Price / SF$537.56
Days on Market277
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 Agency:
Sun Realty New York Inc
(718) 650-5775
Listed By:
Dongyun Lin
(718) 650-5775
Added: Oct 20, 2025
Changed: Apr 30
Last Checked: Jul 23 at 8:06PM
MLS# 496754
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.
Investment Insights
Based on property information with market context.
This is a fully leased, two-story commercial building located in Brooklyn, New York, offering a high-return investment opportunity. The property features five unique commercial spaces and high-ceiling basements. The building has a total area of 4,260 square feet. The lot size is 38 feet by 52 feet, and the building dimensions are 38 feet by 52 feet. The zoning is C1-2/R5. The property faces both 86th Street and West 8th Street. It is located near multiple large supermarkets and top retail stores, such as McDonald's and Petco. Transportation is convenient, with proximity to the N and F train stations and freeway 278. The property is suitable for owner self-use, 1031 exchange buyers, or investors seeking high returns and easy management with stable incomes.
Key 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)
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 |
4,260 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.92M
$2.55M – $3.40M
NOI $204,287 @ 7.0% cap · market cap 8.92%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.53M
$3.09M – $4.12M
NOI $246,910 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Discount Liquor Store
(Bike/Boat/Book/etc) Store
Similar Off Market Nearby
- M&J Wholesale Flowers — 2567 Stillwell Ave 2nd Floor, Brooklyn, NY 11223
- Florist — Brooklyn, NY 11223
- Robert Joseph's — Brooklyn, NY 11223
- Flower Fantasy — 308 Avenue U, Brooklyn, NY 11223
- Mimosa Flowers Inc — 2308 W 7th St, Brooklyn, NY 11223
FAQs
What type of property is this?
Storefront property - Fully leased commercial building with high returns and stable income.
Where is this storefront property located?
The property is located at 2799 86th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,290,000.
What are key features of this property?
This property features: 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)
