705 86th St Brooklyn, NY 11228
Bay Ridge NeighborhoodEstimated payment $24,802/month
Highlights
- 0.12 Acre Lot
- Galley Kitchen
- Living Room
- P.S. 127 McKinley Park Rated A
- Cooling Available
- 5-minute walk to Tom McDonald Triangle
About This Home
Introducing an exceptional investment opportunity in one of Brooklyn's most desirable neighborhoods. This grand all-brick mixed-use 54X76 building in Dyker Heights spans over 12,000 sq. ft. and offers a strong mix of commercial and residential income. The property features 6 office suites and two spacious 2-bedroom residential units, making it ideal for investors or owner-users seeking immediate cash flow with long-term upside. Zoned C4-2A, the building is well-suited for medical office, retail or mixed-use redevelopment, providing flexibility for a variety of business and investment opportunities. Perfectly positioned along a vibrant commercial corridor, this property offers exceptional visibility, high foot traffic, and convenient access to transportation, fine dining, and upscale retail. With high visibility, easy access, and immediate income potential, this property is an ideal addition to any investment portfolio. Call today for more details or to schedule a private showing!
Listing Agent
Homes R Us Realty of NY, Inc. License #10301222590 Listed on: 11/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $53,901
Year Built
- Built in 1994
Lot Details
- 5,138 Sq Ft Lot
- Lot Dimensions are 54x89
Parking
- On-Street Parking
Home Design
- Duplex
- Brick Exterior Construction
- Stucco
Interior Spaces
- 12,399 Sq Ft Home
- 3-Story Property
- Living Room
- Galley Kitchen
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- 220 Volts
- Individual Gas Meter
Community Details
- 2 Units
Listing and Financial Details
- Legal Lot and Block 0065 / 06037
- Assessor Parcel Number 06037-0065
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 | $64,156 | $500,850 | $219,600 | $281,250 |
| 2024 | $64,156 | $605,700 | $219,600 | $386,100 |
| 2023 | $64,962 | $610,200 | $219,600 | $390,600 |
| 2022 | $64,901 | $603,450 | $219,600 | $383,850 |
| 2021 | $69,538 | $650,250 | $219,600 | $430,650 |
| 2020 | $43,693 | $838,800 | $219,600 | $619,200 |
| 2019 | $78,587 | $848,700 | $219,600 | $629,100 |
| 2018 | $71,149 | $800,550 | $219,600 | $580,950 |
| 2017 | $65,377 | $914,400 | $150,300 | $764,100 |
| 2016 | $59,126 | $624,150 | $150,300 | $473,850 |
| 2015 | $19,895 | $549,450 | $150,300 | $399,150 |
| 2014 | $19,895 | $495,000 | $150,300 | $344,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2025 11/05/25 | For Sale | $3,888,000 | -- | $314 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Commercial |
Source: Staten Island Multiple Listing Service
MLS Number: 2506483
APN: 06037-0065
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.
Certain real estate listing data is provided by Staten Island MLS under its Internet Data Exchange program. This data is provided exclusively for consumers’ personal, non-commercial use and may only be used for identifying prospective properties consumers may be interested in purchasing or renting. Any other use of the data is hereby prohibited. Data deemed reliable but is not guaranteed accurate by Staten Island MLS and should be independently verified. Copyright 2025 Staten Island Multiple Listing Service, Inc. All rights reserved.
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