4-Unit Mixed-Use
For Sale
$1,499,000
2773 86th Street, Brooklyn, NY 11223
Two-floor brick property with a separately accessed basement, updated building systems, and multiple utility meters.
Property Size3,408 SF
Price / SF$439.85
Days on Market61
Property Features for 2773 86th Street
General Information
Standard status
Active
Size
3,408 SF
Property subtype
Mixed Use
Building Details
Buildings
1
Stories
2
Construction
brick
Tenancy
Multi
Listing Agency:
Pride Estates
Listed By:
Mitchell Feldman
(718) 569-2888
Source:
Prideestates
Added: Aug 21
Changed: Oct 7
Last Checked: Oct 19 at 6:39AM
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 Pride Estates
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Investment Insights
Based on property information with market context.
This four-unit mixed-use property at 2773 86th Street, also identified as 2233–2235 West 9th Street, is housed in a solid brick building with 3,408 square feet across two floors. A separate 1,700-square-foot basement has its own street entrance, while interior stairs connect the building’s levels. The property includes updated heat and hot water systems, a new silicone roof, four electric meters, and three gas meters.
The building occupies a highly visible corner at 86th Street and West 9th Street with substantial frontage. Transit connections include the N train, the D train, B1 and B4 bus stops, and a nearby B3 bus stop. The mixed-use configuration and four-unit layout provide flexibility for professional owner occupancy or continued investment use.
The building occupies a highly visible corner at 86th Street and West 9th Street with substantial frontage. Transit connections include the N train, the D train, B1 and B4 bus stops, and a nearby B3 bus stop. The mixed-use configuration and four-unit layout provide flexibility for professional owner occupancy or continued investment use.
Key Highlights
- Four‑unit mixed‑use property at 2773 86th Street, also known as 2233–2235 West 9th Street
- 3,408 square feet across two floors with a 1,700‑square‑foot basement
- Basement has a separate entrance from the street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,710
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,474,200
$2.5M
Cap Rate 7%
$1,767,286
$1.8M
Cap Rate 9%
$1,374,556
$1.4M
Market Conditions
NOI Build-Up for 3,408 SF
Gross rent
$224.9K $66.00/SF
− Vacancy
−$27.0K −$7.92/SF
EGI
$197.9K $58.08/SF
− OpEx
−$74.2K −$21.78/SF
NOI
$123.7K $36.30/SF
Area
Brooklyn, NY
Vacancy
12.00%
Lease Rate
$66.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,474,200
Cap Rate 7%
$1,767,286
Cap Rate 9%
$1,374,556
Alternative Uses
Best Use
Mixed Use
$1.77M
$1.55M – $2.06M
NOI $123,710 @ 7.0% cap · market cap 8.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.82M
$2.47M – $3.29M
NOI $197,528 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,760
Businesses Nearby
Explore this area
Business Placement
Demographics for 11223, NY
83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
Median Home Value
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-floor brick property with a separately accessed basement, updated building systems, and multiple utility meters.
Where is this mixed-use property located?
The property is located at 2773 86th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Four‑unit mixed‑use property at 2773 86th Street, also known as 2233–2235 West 9th Street; 3,408 square feet across two floors with a 1,700‑square‑foot basement; Basement has a separate entrance from the street
