2799 86th St, Brooklyn, NY 11223
Fully leased commercial building with five spaces and high net income.
- Added:
- Mar 10, 2026
- Days on Market:
- 119
- Last Refresh:
- Jul 2 at 9:17 am
Property Features for 2799 86th St
General Information
- Standard status
- Active
- Size
- 4,260 SF
- Lot size
- 0.05 Acres
- Property subtype
- Commercial
Listing office Sun Realty New York Inc (718) 650-5775
Listing date Mar 10, 2026
Source Elliman
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HighLights
- High net income (close to $165k) and top investment returns
- Fully leased commercial building with 5 commercial retail spaces and long‑term tenants
- Excellent location facing both 86th St and West 8th St, close to supermarkets, retail stores (McDonald's, Petco), and transportation (N & F trains, Freeway 278)
- Suitable for owner self‑use, 1031 exchange buyers, or investors seeking high returns and easy management
- Two‑story building with high‑ceiling basements
- Total of 4,260 square feet
Overview
Local Financial Insights For Retail
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 | $331.3k | $77.76 |
| − Vacancy | −$39.4k | −$9.25 |
| EGI | $291.8k | $68.51 |
| − OpEx | −$87.6k | −$20.55 |
| NOI | $204.3k | $47.95 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Fiona's House — 559 86th St, Brooklyn, NY 11209
- The Flower Boutique — 9224 4th Ave, Brooklyn, NY 11209
- Benicia Florist Same Day Delivery Inc — 530 86th st #6, brooklyn, ny 11209
- Floral Fantasy of Bay Ridge LTD. — 9706 3rd Ave, Brooklyn, NY 11209
- Ben's Florist — 9518 4th Ave, Brooklyn, NY 11209
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9787
- Latitude
- 40.593