All-Brick Mixed-Use Income
For Sale
$3,780,000
705 86th Street, Brooklyn, NY 11228
MULTI_FAMILY - Brooklyn, NY
Property Size12,399 SF
Lot Size0.12 Acres
Price / SF$304.86
Days on Market272
Property Features for 705 86th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
C4
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3
Parking features
On Street
Basement
Finished, Full
Subdivision
Dyker Heights
Standard status
Active
APN
06037-0065
Size
12,399 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
53901
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Building Details
Year built
1994
Floors in Building
3
Number of units
2
Building materials
Brick, Stucco
Listing Agency:
Homes R Us Realty of NY, Inc.
(718) 668-2550
Listed By:
Svetlana Noll · License #10301222590
(929) 433-9563
Added: Nov 3, 2025
Changed: Jul 29
Last Checked: Aug 2 at 4:06AM
MLS# 2506483
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This all-brick mixed-use building offers a combined commercial and residential setup in a 54 x 76 configuration. The property provides six office suites and includes two spacious two-bedroom residential units.
Located at 705 86th Street in Brooklyn’s Dyker Heights area, the building is positioned for mixed-use activity under C4-2A zoning.
With both office and residential components already in place, the property supports an owner-occupant or investor approach seeking immediate rental income while retaining flexibility associated with mixed-use zoning.
Located at 705 86th Street in Brooklyn’s Dyker Heights area, the building is positioned for mixed-use activity under C4-2A zoning.
With both office and residential components already in place, the property supports an owner-occupant or investor approach seeking immediate rental income while retaining flexibility associated with mixed-use zoning.
Key Highlights
- All‑brick mixed‑use building with stucco construction materials
- Approx. 54 ft x 76 ft building size, totaling over 12,000 sq. ft.
- Contains 6 office suites plus two 2‑bedroom residential units
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 11.49%
Second Best
Apartment 5plus
$5.41M
$4.73M – $6.31M
NOI $378,529 @ 7.0% cap · market cap 10.01%
Theoretical Best
Specialty Retail
$10.27M
$8.98M – $11.98M
NOI $718,646 @ 7.0% cap · market cap 19.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Office units
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,416
Businesses Nearby
Explore this area
Business Placement
Demographics for 11228, NY
45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - All-brick mixed-use building with six office suites and two 2-bedroom residential units, zoned C4-2A.
Where is this duplex located?
The property is located at 705 86th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,780,000.
What are key features of this property?
This property features: All‑brick mixed‑use building with stucco construction materials; Approx. 54 ft x 76 ft building size, totaling over 12,000 sq. ft.; Contains 6 office suites plus two 2‑bedroom residential units
