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    Commercial Building with High Returns Title is generated by Realmo AI

    2799 86th St, Brooklyn, NY 11223

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    For Sale
    $2,290,000

    Fully leased commercial building with five spaces and high net income.

    Type:Commercial
    Property size:
    4,260 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $537/SF
    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

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    Dongyun Lin

    Listing office Sun Realty New York Inc

    Listing date Mar 10, 2026

    Source Elliman

    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 Sun Realty New York Inc

    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

    This is a fully leased, two-story commercial building featuring five unique commercial spaces, each with high-ceiling basements. The building has a total area of 4,260 square feet, with dimensions of 38 feet by 52 feet, situated on a lot of the same size. The property is zoned C1-2/R5 and faces both 86th Street and West 8th Street. Its location offers proximity to multiple large supermarkets and prominent retail stores, including McDonald’s and Petco. Transportation is facilitated by nearby N and F train stations, as well as convenient access to freeway 278. The property generates a net income close to $165,000, representing a high return on investment. This property is suitable for owner self-use, 1031 exchange buyers, or investors seeking high returns and easy management with stable incomes.

    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
    4,260 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.92M
    $2.55M – $3.40M (±1% cap)
    NOI $204,287 @ 7.0% cap · market cap 8.92%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $3.53M
    $3.09M – $4.12M (±1% cap)
    NOI $246,910 @ 7.0% cap · market cap 10.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Discount Liquor Store (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Parking Lot & Garage Hotel & Motel Bar & Pub Cosmetic Store Acupuncture Nursing Home Coworking & Hybrid Office Tattoo & Piercing Shop

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

    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

    FAQs

    What type of property is this?
    Storefront property - Fully leased commercial building with five spaces and high net income.
    Where is this storefront property located?
    The property is located at 2799 86th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,290,000.
    What are key features of this property?
    This property features: 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)
    More about this property
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