348 86th Street Brooklyn, NY 11209
MULTI_FAMILY - Brooklyn, NY
- Added:
- Apr 28, 2026
- Days on Market:
- 76
- Last Refresh:
- Jul 12 at 2:06 am
Property Features for 348 86th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5B
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 6, Bathroom 4, Bathroom 5, Bedroom 5, Bathroom 2, Bathroom 1
- Interior features
- A/C Unit - Wall, Laundry Area
- Basement
- Finished
- Standard status
- Active
- Size
- 2,875 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 13042
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Ceramic, Hardwood, Tile
- Building materials
- Brick
- Roof type
- Flat
Listing agent Billy Apter License #BEA5721 (718) 532-2000
Listing office RE/MAX Real Estate Professiona 6423 11th Avenue, Brooklyn, NY (718) 532-2000
Listing date Apr 28, 2026
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.
Key Highlights
- High Rental Income Potential: Projected $120,000/year income.
- Prime Bay Ridge Location: Situated on desirable 86th Street.
- Mixed‑Use Property: Combines residential and commercial spaces.
Local Financial Insights For Mixed Use
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 | $189.8k | $66.00 |
| − Vacancy | −$22.8k | −$7.92 |
| EGI | $167.0k | $58.08 |
| − OpEx | −$62.6k | −$21.78 |
| NOI | $104.4k | $36.30 |
