$2,349,000
Updated 5 years ago
Off Market

533 86th Street

Fort Hamilton, Brooklyn | 5th Ave & Gelston Ave

5 Rooms3 Beds4 Baths3,408 Square FeetMixed Use

$2,349,000
floors / apts3 / 1
Lot Size18'5"x100'4"
ZoneC4-2A
Building TypeLow-Rise
RE Taxes$25,312
Price Per SF
$689

Building Amenities

  • Voice Intercom

Property Description for 533 86th Street

We are pleased to present for sale an approximately 3,408 square foot, 4 unit mixed-use building located at 533 86th Street, Brooklyn, NY 11209. The property features 1,400 square feet of ground-floor retail, professional work space on the second-floor front, a studio apartment located on the second floor rear, and a two bedroom apartment on the third floor. The ground floor retail features outdoor space and a large open basement with a high ceiling. The open space is in excellent condition and features high street visibility. The property is located in prime Bay Ridge on 86th Street, one of the busiest, major shopping strips in Brooklyn. The property is in close proximity to public transportation and major anchor tenants including Starbucks, T.J. Maxx, Century 21, Popeyes, Bank of America, Chase Bank, Foot Locker, and Chipotle, among others. For more information or to schedule a tour, please contact Exclusive Listing Broker.

Listing History for 533 86th Street

Now
07/08/2021
POM by Joseph T. Hamdan
MYNY Residential
06/16/2021
$2,349,000
Initial Price by Joseph T. Hamdan
MYNY Residential

Building Details for 533 86th Street

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1926
Floors/Apts3/1
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.2 miles
Bay Ridge-95 St
0.43 miles

Citi Bike

Fort Hamilton Pkwy & 85 St
0.07 miles
5 Ave & 88 St
0.12 miles

Contact Agent

Contact Agent

Joseph T. Hamdan
MYNY Residential

Fort Hamilton | Brooklyn

Quick Profile

Fort Hamilton has the unique distinction of being both a military base and a neighborhood in Brooklyn. Well, technically it’s a sub-neighborhood of Bay Ridge.

Named after founding father Alexander Hamilton, the neighborhood sits in the southwestern corner of Brooklyn and it’s about a square mile in size (give or take). Its boundaries are 86th Street to the north, Belt Parkway and Fort Hamilton military installation to the south, 7th Avenue to the east, and Shore Road to the west.

The area was originally inhabited by the Canarsie Indians and later settled by the Dutch in 1620. A few decades later, thanks to land grants from Governor Peter Stuyvesant, Cornelius Van Werckhoven from the Netherlands purchased what is now Bay Ridge and Fort Hamilton for a very small amount of money.

The area remained an isolated stretch of rural land until the electric trolley line was introduced to Brooklyn in 1892. The trolley connected various points of Brooklyn and Fort Hamilton soon flourished. .

Fort Hamilton and Bay Ridge experienced waves of immigration and just like other areas of New York City it became a true melting pot. Irish and Italians immigrants made their way to the neighborhood in the early part of the 20th century followed by Syrian and Lebanese immigrants in the 1950s. More recently, Asian and Arab-Americans call Fort Hamilton home.

Modern-day Fort Hamilton may not have the cool factor that other Brooklyn neighborhoods flaunt but there are many trade-offs. It offers tree-lined streets and friendly neighbors. Most residents will tell you it has a small-town feel with the added perk of affordable housing. Fort Hamilton’s proximity to the Verrazano-Narrows Bridge and access to Manhattan-bound trains make it a very commutable neighborhood.

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: 79920TH