455 87th St Brooklyn, NY 11209
Fort Hamilton NeighborhoodEstimated payment $38,222/month
Highlights
- Wood Flooring
- 3-minute walk to 86 Street (R Line)
- Back Yard
- P.S. 264 Bay Ridge Elementary School for the Arts Rated A-
- Hot Water Heating System
About This Home
Prime Investment Opportunity in Bay Ridge Solid Brick Corner Property with 9 Apartments & 5 Stores Presenting an exceptional mixed-use investment property in the heart of Bay Ridge, one of Brooklyn’s most vibrant and high-demand neighborhoods. This well-maintained, solid brick corner building spans three above-ground floors and offers an outstanding mix of residential and commercial units. Property Features: 9 Residential Units, Six units: 2 bedrooms, 1 full bath, Three units: 1 bedroom, 1 full bath, All units in great condition with recently updated rents,5 Ground-Level Commercial Stores, Ideal for stable, long-term rental income, Prime corner exposure ensures excellent foot traffic, Full Basement, Provides extra storage, mechanical/utility space, or potential for future use. Property Details: Building Size: 30' x 94', Lot Size: 30' x 100', Total Building Area: approx. 9,211 sq ft, Zoning: Mixed-use, Year Built: 1925. Location Highlights: Just minutes to the R train (86th Street) – offering quick access to Downtown Brooklyn and Manhattan, Steps from 86th Street’s vibrant shopping district, supermarkets, cafes, and top-rated restaurants, Nestled on a quiet residential block within a strong rental market, Close proximity to excellent public schools. Investment Highlights:, Turnkey condition with solid ownership and maintenance history, Reliable rental income from both residential and commercial tenants, Rare opportunity to own a historic, income-generating asset in one of Brooklyn’s most established communities, Ideal for long-term investment, 1031 exchange, owner-occupancy, or future redevelopment/value-add potential, Own a Piece of Bay Ridge History, Whether you're an experienced investor or an end-user seeking both charm and cash flow, this property delivers on location, income, and long-term value. A true gem in one of Brooklyn's most sought-after neighborhoods. SELLER IS WILLING TO GIVE OWNER FINACING with maximum 10 years.
Property Details
Property Type
- Other
Est. Annual Taxes
- $89,519
Year Built
- Built in 1925
Lot Details
- 3,008 Sq Ft Lot
- Lot Dimensions are 100 x 30
- Irregular Lot
- Back Yard
- Property is zoned C4-2A
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 9,211 Sq Ft Home
- 4-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Utilities
- Hot Water Heating System
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 6045
Community Details
Overview
- 9 Units
Building Details
- Fuel Expense $9,076
- Insurance Expense $12,550
- Utility Expense $1,654
- Gross Income $386,436
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2025 10/10/25 | For Sale | $5,888,888 | -- | $639 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 496477
- 413 88th St
- 411 88th St
- 8502 Fort Hamilton Pkwy Unit 2H
- 8502 Fort Hamilton Pkwy Unit 6E
- 480 84th St
- 558 84th St
- 562 84th St
- 8515 4th Ave
- 521 84th St
- 575 84th St
- 349 87th St
- 344 89th St
- 9019 Fort Hamilton Pkwy
- 547 83rd St
- 9040 Fort Hamilton Pkwy Unit 3K
- 9040 Fort Hamilton Pkwy Unit 3
- 9040 Fort Hamilton Pkwy Unit 6C
- 561 83rd St
- 370 85th St
- 660 85th St
- 358 87th St
- 353 87th St Unit 1
- 358 89th St
- 354 90th St
- 327 89th St
- 315 87th St
- 340 85th St
- 531 82nd St
- 8608 3rd Ave
- 34 N 7th St
- 6 Parrott Place
- 124 Parrott Place
- 353 80th St Unit 2
- 421 78th St Unit 2
- 459 77th St Unit 3
- 323 Marine Ave Unit 3A
- 7604 5th Ave Unit 2
- 578 Bay Ridge Pkwy
- 945 77th St Unit 2nd floor
- 511 Bay Ridge Pkwy Unit PARLOR