$4,799,000
341 86TH
Details
Property Type Mixed Use
Square Footage 150
Units 21
Cap Rate 9.38%
NOI $450,000
Occupancy 100%
Year Renovated 2012,2014,2016,2018,2020
Acreage 60.000
Zoning R5B
Parking Spaces 14 spaces
Parking Per SqFt 93.33
Investment Type Stabilized
Ground Lease No
Mixed Use | 9.38% CAP | 150 SqFt
Marketing description
well-maintained 20-family brick building located in the highly desirable and stable rental market of Bay Ridge, Brooklyn. Boasting a strong, consistent cash-flow history, this mid-sized apartment building represents a premier acquisition for institutional investors or private buyers looking to expand their Brooklyn footprint. Generating a strong and stable income, this property is a premier acquisition for 1031-exchange buyers, private equity, or seasoned portfolio investors seeking immediate high yields and long-term. appreciation. . A developer's and investor's dream-this property features a rare, dedicated parking area accommodating up to 14 vehicles. In parking-scarce Bay Ridge.
Investment highlights
well-maintained 21-family brick building located in the highly desirable and stable rental market of Bay Ridge. Boasting a strong, consistent cash-flow history, this mid-sized apartment building represents a premier acquisition for institutional investors or private buyers looking to expand their Brooklyn footprint. Generating a strong and stable income, this property is a premier acquisition for 1031-exchange buyers, private equity, or seasoned portfolio investors seeking immediate high yields and long-term. appreciation. . A developer’s and investor's dream—this property features a rare, dedicated parking area accommodating up to 14 vehicles. In parking-scarce Bay Ridge.
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$450,000.00
$37,500.00/mo
Valuation Metrics
0
DSCR
9.38%
Cap Rate
9.38%
ROI
Map
Zoning
R5B ResidentialTwo FamilyGeneral Residence
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View all 99 uses
View all 99 uses Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics
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