2371 86th Street, Brooklyn, New York 11214

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List Price
$2,600,000
Status
ACTIVE
MLS#
505606
Sq. Ft
2,964
Year Built
1910

Property Description

PRIME 86TH STREET VACANT 2 FAMILY & STOREFRONT BUILDING FOR SALE - GREAT OPPORTUNITY TO USE FOR ANY BUSINESS & INVESTMENT!! HIGH-TRAFFIC RETAIL CORRIDOR | DELIVERED FULLY VACANT Rare opportunity to own an all-brick, multi-story commercial building on prime 86th Street between 23rd and 24th Avenues! This versatile property includes a ground-floor storefront currently operating as a dry-cleaning business, a two-family residential upper floor, and a full basement. The entire property will be delivered FULLY VACANT at closing! PROPERTY HIGHLIGHTS: Prime Location: High-visibility, high-traffic 86th Street retail corridor Building Type: Two-story, multi-story retail/commercial building (K2) Building Dimensions: Approximately 19' × 50' Lot Dimensions: 19' × 100' Lot Size: Approximately 1,900 sq. ft. First-Floor Storefront: Extended commercial space of approximately 1,900 sq. ft. Upper Floor: Legal two-family residential layout, with potential to restore its previous configuration Full Basement: Additional storage and utility space Storefront Features: High ceilings, half bathroom, and approximately 19-foot-wide signage frontage Zoning: R5 residential zoning with C1-3 commercial overlay ENDLESS POSSIBILITIES FOR INVESTORS, BUSINESS OWNERS & DEVELOPERS! Ideal for an owner-user, investor, or entrepreneur seeking a prime commercial location with residential potential. Explore possibilities for retail, professional offices, business operations, or other uses subject to applicable zoning, building codes, and DOB approvals. Conveniently located near shopping, public transportation, trains, and buses, with outstanding street exposure and strong pedestrian and vehicular traffic. A RARE OPPORTUNITY TO OWN A VERSATILE COMMERCIAL PROPERTY ON BUSY 86TH STREET! MLS Approve-No Financial due to property being vacant.

Additional Information

Lot Size
1,900
Stories
2
Parking Description
None
Heat Source
Oil
Year Built
1910
Zoning
R5, C1-3
Sale Type
Arm's Length
Bank Financing
1031 Exchange, Bank Mortgage, Cash
Building Type
Attached
Year Built
1910
Basement
Full, Other
Lot Dimensions
100 x 19
Building Dimensions
50.00 x 19.00
Estimated Yearly Tax Amount
$27,171

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Listing courtesy of BRP Associates Inc.