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547 86th Street
Bay Ridge, Brooklyn | 3rd Ave & 4th Ave
3,745 Square FeetMulti-Family
$2,299,000
$2,299,000
Updated 9 years ago
Off Market

547 86th Street

Bay Ridge, Brooklyn | 3rd Ave & 4th Ave

3,745 Square FeetMulti-Family

$2,299,000
floors / apts3 / 2
Building TypeLow-Rise
RE Taxes$7,052
Price Per SF
$614

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom

Property Description for 547 86th Street

Prime Bayridge 86th Street/ 5th Avenue Location! Mixed Use Two Family + Store Front for Sale! Three Floors plus full finised basement that is good for storage. All tenants pay their own utilities. Building has three separate boilers and water heater. First Floor Store front is currently vacant and was previously rented for $5,000 per month. Store has a legal extenstion and has a dimension of 18x90. Building size is 18x56. Second Floor has a three bedroom apartment that is leased for $1,700. Lease expires in February 2017. Third Floor also has a three bedroom apartment leased for $1,300. Lease expires in May 2017. Both apartments can be rented for $2,500. Potential Rent can be $10,000 per month. Expense are very low. Owner pays water, partial tax, and insurance which adds up to be approximately $833 per month. Great opportunity to own a mixed use in a prime location! Show and Sell!

Building Details for 547 86th Street

OwnershipMulti-Family
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1926
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.22 miles
Bay Ridge-95 St
0.43 miles

Citi Bike

Fort Hamilton Pkwy & 85 St
0.05 miles
5 Ave & 88 St
0.13 miles

Contact Agent

Contact Agent

Peter Pan
Pullini Realty Corp.

Bay Ridge | Brooklyn

Lush front yards and trimmed hedges are pretty common in Bay Ridge.

Quick Profile

Bay Ridge is an old-world neighborhood neatly tucked into the southwest corner of Brooklyn within the shadows of the Verrazano Bridge. The neighborhood is encircled by the Belt Parkway along the shore line and the Gowanus Expressway inland.

Bay Ridge, long known for its generational pull, has historically been home to a diverse number of ethnic groups. While the area is flush with people of Irish, Italian and Greek descent, these ethnic communities have been joined by larger numbers of new groups, including people with Russian, Polish, Asian and Middle Eastern backgrounds. The Arab American community today in Bay Ridge represents the largest concentration of Arab Americans in New York City.

For many years, Bay Ridge and its waterside location, would attract the affluent. But most of the mansions that once lined Shore Road are long gone and have been replaced by six-story apartment buildings.  

Aside from the low-rise apartment buildings, the neighborhood pretty much consists of one and two-family homes. Lush front yards and trimmed hedges are pretty common here.  

Current zoning and limitations on building heights restrict any out of the norm development. At present, the future beholds small development on some of the commercial strips and teardowns of older homes for smaller residential projects.

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posted on March 25, 2023
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 67684TH
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