All-Brick Mixed-Use Building with
705 86th Street Brooklyn, NY 11228
705 86th Street, Brooklyn, NY, 11228
$3,888,000
For Sale
$3,888,000
Mixed-use property with six office suites and two two-bedroom residential units in an all-brick 54-by-76 building.
Property Size12,399 SF
Price / SF$313.57
Days on Market261
Property Features for 705 86th Street
General Information
- Standard status
- Active
- Size
- 12,399 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1961
Listing agency
Homes R Us Realty of NY, Inc.
(929) 433-9563
Listed by
Svetlana Noll · License #10301222590
(929) 433-9563
Source
Compass
Added: Nov 3, 2025 Updated: Jul 22 at 12:12PM Checked: Jul 22 at 12:12PM
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 Homes R Us Realty of NY, Inc.
Investment Insights
Based on property information with market context.
Situated at 705 86th Street in Brooklyn’s Dyker Heights, this all-brick mixed-use building measures approximately 54 by 76 feet and contains about 12,399 square feet. The property offers six office suites and two spacious two-bedroom residential units, creating a built-in mix of commercial and residential income.
The building is zoned C4-2A. As presented, it offers flexibility for a range of business and investment directions, with an on-site office component alongside the existing residential units.
The building is zoned C4-2A. As presented, it offers flexibility for a range of business and investment directions, with an on-site office component alongside the existing residential units.
Key Highlights
- All‑brick 54‑by‑76 mixed‑use building with approximately 12,000 sq. ft.
- Income mix includes 6 office suites and two separate 2‑bedroom residential units.
- Zoned C4‑2A, suitable for medical office, retail, or mixed‑use redevelopment.
Local Financial Insights For Office B
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 | $535.6k | $43.20 |
| − Vacancy | −$123.2k | −$9.94 |
| EGI | $412.4k | $33.26 |
| − OpEx | −$103.1k | −$8.32 |
| NOI | $309.3k | $24.95 |
12,399 SF · lease $43.20/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Multifamily LT 5
$6.20M
$5.43M – $7.24M
NOI $434,234 @ 7.0% cap · market cap 11.17%
Second Best
Apartment 5plus
$5.41M
$4.73M – $6.31M
NOI $378,529 @ 7.0% cap · market cap 9.74%
Theoretical Best
Specialty Retail
$10.27M
$8.98M – $11.98M
NOI $718,646 @ 7.0% cap · market cap 18.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Roman Y Royzman, ...
Physician
Karina Adler
Physician
Simon Saada
Physician
Supreeti Behuria, MD
Physician
Feross Ali
Physician
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FAQs
What type of property is this?
Office units - Mixed-use property with six office suites and two two-bedroom residential units in an all-brick 54-by-76 building.
Where is this office units located?
The property is located at 705 86th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,888,000.
What are key features of this property?
This property features: All‑brick 54‑by‑76 mixed‑use building with approximately 12,000 sq. ft.; Income mix includes 6 office suites and two separate 2‑bedroom residential units.; Zoned C4‑2A, suitable for medical office, retail, or mixed‑use redevelopment.
