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Financial
Distress signals
Property profile

705 86Th St Brooklyn, NY 11228

FOR SALE
Office buildings
Property ID
US63-1628843
8,637 SF 0.12 ac lot Built 1961
Last sale Jun 2009
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A mixed-use, all-brick building constructed in 1994, located at 705 86th Street in Brooklyn’s Dyker Heights neighborhood. The building measures approximately 54 by 76 feet and provides more than 12,000 square feet of space. It is configured for combined commercial and residential use, featuring six office suites and two two-bedroom residential units within the same structure. The property is situated along a commercial corridor with access to nearby transportation, dining, and retail.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$64k
Tax billed · 2024
Assessed value$606k
Assessed land$220k
Assessed improvement$386k
Effective rate10.59%

Value estimate

· Oct 2026
$490k
$441k – $539k
NOI build-up
Gross scheduled income$702k
Vacancy & credit loss−$14k
Operating expenses−$310k
NOI · 10.82% cap applied$379k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$550/SF
Submarket average, outlier-cleaned · 228 recorded sales of this use type
Observed band · Q1–Q3$362 – $913
Qualifying comparables7

Cap rate analysis

How does the asset earn?
10.82%
$379k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C42A
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility42.4
Law Firm33.2
Hotel & Motel23.0

Location

705 86Th St Brooklyn, NY 11228
County assessor Recorded deeds · 1 transfer 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 18 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
7007 13th, Brooklyn, NY 11228-1603 $990,000 Jan 2022 2,228 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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