699 86th St Brooklyn, NY 11228
Bay Ridge NeighborhoodEstimated payment $11,090/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
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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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Ask me questions while you tour the home.