2480 86th St Brooklyn, NY 11214
Gravesend NeighborhoodEstimated payment $11,592/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 |
| 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 | 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
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 487310
APN: 06866-0045
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
- 39 Bay 38th St Unit 3D
- 13 Bay 38th St Unit 15
- 3 Bay 38th St
- 56 Bay 40th St
- 34 Bay 41st St Unit 1B
- 34 Bay 41st St Unit 2B
- 26 Bay 41st St
- 2449 85th St
- 109 Bay 38th St
- 2476 84th St
- 2448 84th St
- 1960 Stillwell Ave Unit 1974
- 2436 84th St
- 2404 84th St
- 125 Bay 40th St
- 1992 W 13th St
- 1986 W 13th St
- 2332 86th St
- 158 Bay 38th St
- 2358 84th St
Ask me questions while you tour the home.