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Three-Story Residential Income Property
For Sale
$14,999,000

2231 86th Street, Brooklyn, NY 11214

Residential Income, Brooklyn, NY

Property Size15,600 SF
Lot Size0.28 Acres
Price / SF$961.47
Days on Market201

Property Features for 2231 86th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 5
Full bathrooms 2
Half bathrooms 3
Rooms Bathroom 3, Bathroom 1, Bathroom 5, Bathroom 4, Bathroom 2
Standard status Active
Size 15,600 SF
Lot size 0.28 Acres

Building Details

Floors in Building 3
Listing Agency: BAY SUN REALTY INC
Listed By: Richard Chunsung Ng
Added: Apr 1 Changed: Oct 14 Last Checked: Oct 18 at 7:06PM
MLS# 11683924

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Three adjoining buildings form a three-story residential income property with 15,600 square feet of property size on a 0.2755-acre lot. The property has 60 feet of frontage on 86th Street and is situated within the central commercial zone of the street, between Bay Parkway and 23rd Avenue.

Retailers, local businesses, banks, restaurants, and essential services are in the surrounding area. The Bay Parkway D train station is a short distance away, with B1, B6, and B82 bus service also nearby.

Key Highlights

  • Three adjoining buildings with three stories
  • 15,600 square feet of property size
  • 0.2755‑acre lot

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Gym & Fitness Center Bar & Pub

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,829
Businesses Nearby
332k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Shops & Services 36% Apparel 12% Groceries 6%
Burger King Dining
47,853 visits/mo 0.1 miles
McDonald's Dining
37,271 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
24,696 visits/mo 0.3 miles
Chase Bank Shops & Services
23,659 visits/mo 0.1 miles
Super Foodtown Groceries
19,340 visits/mo 0.4 miles

Demographics for 11214, NY

96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Residential income property - Three adjoining buildings occupy a commercial stretch with nearby bus and subway service.
Where is this residential income property located?
The property is located at 2231 86th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $14,999,000.
What are key features of this property?
This property features: Three adjoining buildings with three stories; 15,600 square feet of property size; 0.2755‑acre lot
More about this property
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