699 86th St Brooklyn, NY 11228
Bay Ridge NeighborhoodEstimated payment $11,576/month
Highlights
- Wood Flooring
- 2 Car Detached Garage
- 5-minute walk to Tom McDonald Triangle
- P.S. 127 McKinley Park Rated A
- Heating System Uses Steam
About This Home
Located in the bustling Bay Ridge commercial district on 86th Street, this prime property sits on a 19x100 lot with a 19x55 building. This three-story, solid brick mixed-use building includes two 3-bedroom apartments above a store and a finished basement. The property also offers a double garage. The annual property tax is $9,694. It generates a strong rental income of $157,800 and a cap rate of 7.5%. This well-maintained property is ideal for investment and owner-occupancy, surrounded by a vibrant shopping area, various transportation options, and essential amenities.
Property Details
Property Type
- Other
Est. Annual Taxes
- $9,694
Year Built
- Built in 1923
Lot Details
- 1,900 Sq Ft Lot
- Lot Dimensions are 100 x 19
- Property is zoned C4-2A
Parking
- 2 Car Detached Garage
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 3-Story Property
- Finished Basement
Flooring
- Wood
- Tile
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 6037
Community Details
Overview
- 2 Units
Building Details
- Fuel Expense $200
- Utility Expense $500
- Gross Income $151,800
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 | $9,694 | $85,740 | $17,280 | $68,460 |
| 2024 | $9,694 | $88,500 | $17,280 | $71,220 |
| 2023 | $9,247 | $94,500 | $17,280 | $77,220 |
| 2022 | $8,986 | $77,940 | $17,280 | $60,660 |
| 2021 | $9,421 | $71,940 | $17,280 | $54,660 |
| 2020 | $9,421 | $83,640 | $17,280 | $66,360 |
| 2019 | $8,414 | $83,640 | $17,280 | $66,360 |
| 2018 | $7,735 | $37,944 | $9,404 | $28,540 |
| 2017 | $7,647 | $37,512 | $9,966 | $27,546 |
| 2016 | $7,499 | $37,512 | $11,964 | $25,548 |
| 2015 | $4,268 | $35,528 | $13,499 | $22,029 |
| 2014 | $4,268 | $33,517 | $15,273 | $18,244 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/13/2025 03/13/25 | For Sale | $1,980,000 | +17.9% | -- |
| 12/15/2021 12/15/21 | Sold | $1,680,000 | -- | $536 / Sq Ft |
| 06/21/2021 06/21/21 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,680,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,176,000 | Purchase Money Mortgage |
Source: Brooklyn Board of REALTORS®
MLS Number: 489977
APN: 06037-0069
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