2480 86th St Brooklyn, NY 11214
Gravesend NeighborhoodEstimated payment $11,976/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
| 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 |
|---|---|---|---|---|
| 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 |
| 2020 | $17,950 | $218,700 | $21,150 | $197,550 |
| 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
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2024 11/07/24 | Pending | -- | -- | -- |
| 11/07/2024 11/07/24 | For Sale | $1,888,888 | -- | $807 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 487310
APN: 06866-0045
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