2149-2151 86th St, Brooklyn, NY 11214
This exceptional investment opportunity presents a 10,000-square-foot retail building currently occupied by CVS Pharmacy under a net lease expiring December 30, 2025. Situated on a prominent 40' x 100' lot (4,000 sq ft) in prime Bensonhurst, Brooklyn, at 2149-2151 86th Street, 11214, this two-story building boasts 9,600 square feet of retail space plus 400 square feet of sidewalk space. The property features a full basement accessible via an internal staircase and wheelchair lift, and a second floor with office space, a conference/lunch room, and storage. Its location at a major intersection in Southern Brooklyn ensures exceptional visibility and high foot, vehicle, and subway traffic. The surrounding area includes a strong tenant mix of national banks and retailers such as TD Bank, City MD, Chase Bank, Citibank, AT&T, Carter's/Osh Kosh, and Gap. The property is zoned C4-2 and offers unused air rights for potential future development. This high-volume retail space stands out among other buildings on the block, making it a compelling investment with a 5.40% cap rate and an occupancy date of January 1, 2026. The building's size and location, combined with the strong tenant and surrounding businesses, present a rare opportunity for significant return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C4-2 · Brooklyn, NYBrooklyn. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.