Address
1619 86th Street, Brooklyn, NY
Price
$ 10,088,888
Property Attributes
  • MLS#471524
  • TypeCommercial
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodBensonhurst
  • Zip11214
  • StyleCommercial
  • Taxes$ 122767
  • Price$ 10,088,888
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6100
  • Lot Size0.452916 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

WELCOME TO 1616 85th Street along with lot #0011 with a total of over 19,000 square foot property and its 6100 square foot building, presently leased to a well-established restaurant and parking lot with approximately 9 years left on a 15-year triple net lease. Attention 1031, investors and developer's great investment opportunity is now for sale. With its C8-1/R5 zoning there are many possibilities. Please call broker for all appointment and income info

Price History
2/1/2023 Listed $9,980,000

General Features

Net Operating Income 408000.00
Equipment Included OTHER
Ceiling Height 11-15 Foot
Roof Other
current use Restaurant
Zoning C8-1
Stories 1
Property Type Commercial
Block 6342
Cap Rate 0.04
Lot Number 79
Yearly Taxes 122767.00
Transaction Type Sale
Gross Expense 0.00
Financing 1031 Exchange,Bank Mortgage,Cash
Building Type Detached
Gross Income 408000
Status Active
Construction Materials Block,Other
Cumulative Days on Market 477
MLS Area Bensonhurst
Sub Type Commercial
City Brooklyn
Borough Brooklyn
Number Of Stores 1
DOM 477
Sale Type Arm's Length
Coming Soon WELCOME TO 1616 85th Street along with lot #0011 with a total of over 19,000 square foot property and its 6100 square foot building,presently leased to a well-established restaurant and parking lot w

Interior Features

Walls Block
Unit Count 1
Sq Ft Total 6100
AC Units 1
Lavatories 2,Other
Basement Amenities Full
Commercial Features Exterior Fence - Partial,Sign - Building,Other
Commercial Features Interior Fire - Smoke Alarm,Fire Sprinkler,Heated,Kitchen,Restrooms - Public,Other

Exterior Features

Potential Use Bar,Restaurant,Retail,Special Purpose,Sport & Entertainment,Other
Foundation Poured Concrete
Lot Sq Ft 19729
Loading Docks Other
Property Panorama YN Yes
Lot Size Length 200
Lot Size Width 128
Parking Attrib 6+ Spaces

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 11214

Price
AVG $1.64M
$10.09M
Taxes
AVG $31,356
$122,767
Visits
AVG 93
345
Data Provided by Inside Real Estate®
Walkscore
AVG 95
96
Data Provided by Walkscore® not using MLS data

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