

Listed by MYNY Commercial
$1,200,000
367 86th Street, Brooklyn, NY 11209
Details
APN 06034-0056
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 5,100
Units 6
NOI $54,534
Year Built 1921
Lot Size (SqFt) 3,003
Multifamily | 6 Units
Marketing description
Prime Bay Ridge Location – 86th Street between 3rd and 4th Avenue
This all-brick, six-family building in the highly desired Bay Ridge neighborhood presents an exceptional investment. Featuring five two-bedroom apartments and one one-bedroom apartment, plus a full basement, this property offers flexible living arrangements with consistent rental income potential. The building itself measures 20 x 85 feet, situated on a 20 x 150-foot lot, providing ample space and enhancing its appeal. Bay Ridge’s charm is further highlighted by nearby parks that offer a wealth of outdoor and recreational activities. Just one block from bustling shopping, dining, and entertainment options, this property is ideally located half a block from public transportation, including the R train and multiple bus lines, making commuting a breeze. The property is also conveniently accessible to the Belt Parkway, Brooklyn-Queens Expressway, and Verrazano Bridge, ensuring smooth commutes across the city. Additionally, diverse dining options, shopping centers, grocery stores, and transportation hubs are all within close reach, making this an unbeatable location for tenants and investors alike. This is a good opportunity to own a solid, income-generating asset in one of Bay Ridge’s most vibrant and desirable neighborhoods.
Listing Contacts


Listed by MYNY Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,534.00
$4,544.50/mo
Valuation Metrics
0
DSCR
4.54%
Cap Rate
4.54%
ROI
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