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    699 86Th St Brooklyn, NY 11228

    For Sale
    $1,980,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Lot size:
    0.04 Acres
    Days on Market:
    275
    Last Refresh:
    Dec 14 at 1:06 pm

    Property Features for 699 86Th St

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    C4-2A
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Natural Gas, Other (Heating), Steam

    Building Details

    Year built
    1923
    Floors in Building
    3
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    E House Realty & Mgt. Inc. (718) 680-2776

    Listing agent Selyna D. Eng (718) 680-2776

    Listing date Mar 15, 2025

    MLS# 489977 Listing URL

    Copyright © 2025 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.

    Overview

    Brooklyn Mixed-Use Investment Opportunity

    Located in the bustling Bay Ridge commercial district on 86th Street in Brooklyn, this mixed-use property sits on a 19x100 lot and features a 19x55 building. The three-story, solid brick building includes two 3-bedroom apartments above a store and a finished basement. The property also offers a double garage. The annual property tax is $9,694. It generates a rental income of $157,800 with a cap rate of 7.5%. This well-maintained property is zoned C4-2A and is suitable for investment and owner-occupancy. The property is surrounded by a vibrant shopping area, various transportation options, and essential amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brooklyn Beauty Bar Beauty Salon massage | esthetics by ... Massage Spa Salvo Capelli Salon Hair Salon

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.021762
    Latitude
    40.619148

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in Bay Ridge with strong rental income.
    Where is this mixed-use property located?
    The property is located at 699 86Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,980,000.
    What are key features of this property?
    This property features: - High Rental Income: Generates $157,800 annually with a 7.5% cap rate.; - Mixed-Use Building: Features two 3-bedroom apartments and a store.; - Prime Location: Situated in the bustling Bay Ridge commercial district on 86th Street.
    (718) 680-2776
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    699 86Th St Brooklyn, NY 11228
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    Brooklyn, NY 11228
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    699 86Th St Brooklyn, NY 11228
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