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    1949-1951 86Th St Brooklyn, NY 11214

    Sponsored
    For Sale
    $5,689,000

    Prime Brooklyn location, high-traffic retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional mixed-use investment opportunity presents a package deal encompassing 1949-1951 86th Street in the vibrant Bensonhurst neighborhood of Brooklyn, New York, 11214. The property boasts a total of approximately 4,000 square feet and is ideally situated on a busy stretch of 86th Street, offering unparalleled exposure to a high volume of pedestrian and vehicular traffic. Its strategic location near the 20th Avenue D Train subway station ensures excellent accessibility and further enhances its commercial viability. The building's configuration includes two retail spaces, perfectly suited for a variety of businesses, and a two-family residential component, providing additional income streams and diversification. This presents a compelling opportunity for investors seeking a strong return on investment in a prime Brooklyn location. The asking price for this exceptional property is $5,689,000. The property's blend of retail and residential units creates a robust and resilient investment portfolio, offering both immediate income generation and significant long-term growth potential. Don't miss this chance to acquire a highly desirable mixed-use property in one of Brooklyn's most sought-after neighborhoods.

    Property Features for 1949-1951 86Th St

    General Information

    Property type
    Mixed-use properties

    HighLights

    • Exceptional mixed‑use investment opportunity in Bensonhurst, Brooklyn.
    • Approximately 4,000 square feet on a high‑traffic stretch of 86th Street.
    • Prime location near the 20th Avenue D Train subway station.
    • Features two retail spaces and a two‑family residential component.
    • Asking price: $5,689,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    36047
    State
    New York
    Longitude
    -73.9990489
    Latitude
    40.6053669

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Brooklyn location, high-traffic retail.
    Where is this mixed-use property located?
    The property is located at 1949-1951 86Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $5,689,000.
    What are key features of this property?
    This property features: Exceptional mixed-use investment opportunity in Bensonhurst, Brooklyn.; Approximately 4,000 square feet on a high-traffic stretch of 86th Street.; Prime location near the 20th Avenue D Train subway station.
    Request Owner's contact information
    1949-1951 86Th St Brooklyn, NY 11214
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    Brooklyn, NY 11214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1949-1951 86Th St Brooklyn, NY 11214
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