Updated a day ago

703-705 86th Street

Bay Ridge, Brooklyn | Dahlgren Place & Battery Ave

5,139 Square FeetIncome Property

$4,480,000
floors / apts3 / 6
Lot Size54'4"x76'
Built Size35'3"x89'3"
ZoneC4-2A
Building TypeLow-Rise
RE Taxes$64,154
Price Per SF
$872

Building Amenities

  • Voice Intercom
  • Elevator

Property Description for 703-705 86th Street

Bay Ridge /Dyker Heights borderline Busy PRIME 86 Street retail strip very well maintained newly renovated in 1989 3 story brick elevator legal 6 FOR SALE (703 Combined with 705 86 Street 2 buildings) Commercial Office space approximately total 6,600 sq ft & 2 modern residential unit approximately 1,019 sq ft each! Total 8,637 sq ft! 2 offices owner use and owner built with top-of-the-line hardware, material & spared no expenses! High projected CAP rate!! Zoning C4-2A building size 35.33 ft x 89.33 lot size 54.38 ft x 76 ft Unused FAR 6,783! Great location- minutes away from Train station, Express bus to Staten Island, BQE, Verrazano bridge!! High EXPOSURE!!! Many upsides potential! Convert to condominium or residential!

Listing History for 703-705 86th Street

Now
09/20/2024
$4,480,000
Initial Price by Jean-Paul Ho
Brooklyn Real Property Inc.
01/05/2024
POM by Samy Hassan
Century 21 Achievers

Building Details for 703-705 86th Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePost-War
AccessElevator
Year Built1961
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.44 miles

Contact Agent

Contact Agent

Jean-Paul Ho
Brooklyn Real Property Inc.
View this property on the company's website

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.

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: 90241TH