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    Brooklyn Restaurant and Parking For Sale Title is generated by Realmo AI

    1619 86th Street, Brooklyn, NY 11214

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    Restaurant and parking lot with long-term lease in place.

    Type:Retail, Special Purpose
    Property size:
    6,100 SF
    Lot size:
    0.44 Acres
    Price / SF:
    $1,647/SF
    Added:
    Apr 17, 2024
    Days on Market:
    811
    Last Refresh:
    May 12 at 10:21 pm

    Property Features for 1619 86th Street

    General Information

    Standard status
    Active
    Size
    6,100 SF
    Lot size
    0.44 Acres
    Property subtype
    Retail, Special Purpose

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    Joseph Devito
    Joseph Devito

    Listing office BHHS Fillmore R.E

    Listing date Apr 17, 2024

    Source Crexi

    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 BHHS Fillmore R.E

    HighLights

    • Over 19,000 sq ft property with a 6,100 sq ft building.
    • Currently leased to a well‑established restaurant.
    • Approximately 9 years remaining on a 15‑year triple net lease.
    • C8‑1/R5 zoning offers many possibilities for investors and developers.
    • Great investment opportunity for 1031 exchange.
    • Includes a parking lot.

    Overview

    The property at 1616 85th Street, along with lot #0011, encompasses over 19,000 square feet, featuring a 6,100 square foot building. Currently, the building is leased to a well-established restaurant, and there is a parking lot. The existing lease is a 15-year triple net lease with approximately 9 years remaining. The property is zoned C8-1/R5, presenting various possibilities for investors and developers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Golden Palace Restaurant

    Suggested Use

    Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Bar & Pub Gym & Fitness Center Nursing Home Nursing Home Catering Service Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.005309
    Latitude
    40.609213

    FAQs

    What type of property is this?
    Retail property - Restaurant and parking lot with long-term lease in place.
    Where is this retail property located?
    The property is located at 1619 86th Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $10,050,000.
    What are key features of this property?
    This property features: Over 19,000 sq ft property with a 6,100 sq ft building.; Currently leased to a well‑established restaurant.; Approximately 9 years remaining on a 15‑year triple net lease.
    More about this property
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