2480 86th St Brooklyn, NY 11214
Gravesend NeighborhoodEstimated payment $11,956/month
Highlights
- Tile Flooring
- 1-minute walk to 25 Avenue
- Baseboard Heating
- P.S. 101 the Verrazano Rated A
About This Home
Situated just moments from the D train on Brooklyn's bustling 86th Street, this prime commercial property features an already thriving, income-producing Chinese restaurant. Located in a high-traffic area, the restaurant benefits from a steady flow of customers, enhanced by the easy accessibility of nearby public transport. Additionally, the property includes a large 3-bedroom apartment on the second floor, ideal for owner-occupancy or generating rental income. With its excellent location and established business, this property offers significant income growth potential, making it a fantastic investment opportunity in one of Brooklyn's most robust commercial areas.
Property Details
Property Type
- Other
Est. Annual Taxes
- $21,162
Year Built
- Built in 1928
Lot Details
- 1,177 Sq Ft Lot
- Lot Dimensions are 19 x 60
- Property is zoned C8-2
Parking
- On-Street Parking
Home Design
- Mixed Use
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 2,340 Sq Ft Home
- Tile Flooring
- Unfinished Basement
Utilities
- Baseboard Heating
- 220 Volts
- Gas Water Heater
Community Details
- Insurance Expense $2,300
- Gross Income $90,060
Listing and Financial Details
- Tax Block 6886
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $19,197 | $179,550 | $21,150 | $158,400 |
| 2025 | $16,587 | $184,950 | $21,150 | $163,800 |
| 2024 | $16,587 | $156,600 | $21,150 | $135,450 |
| 2023 | $20,265 | $190,350 | $21,150 | $169,200 |
| 2022 | $20,666 | $192,150 | $21,150 | $171,000 |
| 2021 | $17,950 | $167,850 | $21,150 | $146,700 |
| 2019 | $19,569 | $214,200 | $21,150 | $193,050 |
| 2018 | $17,752 | $207,900 | $21,150 | $186,750 |
| 2017 | $16,067 | $178,200 | $21,150 | $157,050 |
| 2016 | $15,255 | $175,500 | $21,150 | $154,350 |
| 2015 | $6,271 | $154,800 | $21,150 | $133,650 |
| 2014 | $6,271 | $127,800 | $21,150 | $106,650 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2024 11/07/24 | Pending | -- | -- | -- |
| 11/07/2024 11/07/24 | For Sale | $1,888,888 | -- | $807 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 487310
APN: 06866-0045
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Ask me questions while you tour the home.