1857 86Th St Brooklyn, NY 11214
- Investment properties
- 10,200 SF
- 0.14 lot acres
Current Use by Public Records
- Emma Leonard J MD / Doctor
Property Details for 1857 86Th St
- Year built
- 1925
- Lot size
- 0.14 lot acres
- Property size
- 10,200 SF
- Zone code
- R5
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 06344-0054
- APU
- 63440054
Description
This exceptional 14,500 square foot commercial property, located at 1857 86th Street in Brooklyn, New York (zip code 11214), presents a unique investment opportunity. Situated on a 6,000 square foot lot (60' x 100'), the building boasts a substantial 60' x 85' footprint, encompassing two floors and a finished basement. The building's solid brick construction ensures durability, while its prime location on 86th Street offers excellent visibility and exposure within a thriving commercial district. The property features a variety of amenities including an elevator and multiple split A/C units, ensuring comfort and functionality. High-powered electrical service caters to diverse business needs. Conveniently located near the D train, bus routes, and major parkways, this property offers unparalleled accessibility. Ceiling heights range from 11 to 15 feet, with additional variations. The asking price is $5,988,000, and owner financing may be available. This versatile property is suitable for a range of commercial uses, including industrial, office, retail, and special purpose applications. Its adaptability and prime location make it an exceptional investment opportunity in today's market. Don't miss this chance to own a piece of vibrant Bensonhurst.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $515,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $355,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $345,000
- Geo Method
- $400,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $415,000
- Retail
- $385,000
- Mixed-Use
- $310,000
- Hospitality
- $370,000
- Educational
- $370,000
- Residential Income
- $370,000
- Energy
- $380,000
- Income-Based Land
- $405,000
- Food Service
- $405,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.0011
- Latitude
- 40.6067
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA