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Historic Five-Story Live-Work Space
For Lease
$9,900,000

129 W 86th St, New York, NY 10024

Five-story configuration pairs a four-bedroom residence with a six-room office, private elevator, and independent business access.

Space SizeContact for details
Days on Market47

Property Features for 129 W 86th St

General Information

Standard status Active
Property subtype Commercial

Site & Location

Neighborhood Fort Hamilton

Taxes and HOA fees

Annual Taxes $76,068

Building Details

Year Built 1887
Stories 5
Units 1
Listing Agency: Compass
Listed By: Mark Reynolds Blumenfeld (mark.blumenfeld@compass.com)
Source: Edifyny
Added: Sep 19 Changed: Oct 26 Last Checked: Nov 3 at 5:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

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Investment Insights

Based on property information with market context.

Built in 1887, this five-story live-work property combines a private residence with dedicated office space in a 100.67' x 20' lot configuration. The upper floors include four bedrooms, 3.5 baths, high ceilings, multiple fireplaces, radiant heat flooring, a south-facing kitchen, and outdoor space on each level. A private elevator serves the building, which also includes a finished basement gym, wine cellar, skylights, and central air conditioning.

The lower-level office comprises six rooms and two half baths, with approximately 2,690 SF identified for office use. It has been updated and wired for business operations, includes a reception room for meetings, and provides direct garden access. The office can accommodate 25 people and operates separately from the residence. The property is located at 129 W 86th St in New York, NY 10024.

Key Highlights

  • Five‑story live‑work property built in 1887
  • Four‑bedroom residence with 3.5 baths and approximately 3,490SF
  • Six‑room office with two half baths and approximately 2,690SF

Property Analytics

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Current Use

Uberto Construction Construction Company Udder Milk (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Hair Salon Auto Repair Shop Nail Salon Food Market Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,737
Businesses Nearby

Demographics for 10024, NY

62,250
Population
36,723
Households
1.7
Avg Household Size
43
Median Age
84%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
69,167
Density / Sq Mi
$182,614
Median Household Income
$117,078
Median Earnings
$2,965
Median Rent
$1,746,400
Median Home Value
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Live-work space - Five-story configuration pairs a four-bedroom residence with a six-room office, private elevator, and independent business access.
Where is this live-work space located?
The property is located at 129 W 86th St New York, NY.
What is the lease rate?
The lease rate is $9,900,000.
What are key features of this property?
This property features: Five‑story live‑work property built in 1887; Four‑bedroom residence with 3.5 baths and approximately 3,490SF; Six‑room office with two half baths and approximately 2,690SF
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