Marcus & Millichap - Tri Borough Multi-Family

1448 86th Street

1448 86th Street
, Brooklyn

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Price: $1,640,000
Building Size: 4,983 Square Feet
Property Type: Mixed-use
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206

Marcus & Millichap is pleased to offer 1448 86th Street, located between Bay 7th Street and Bay 8th Street, is a two story mixed use building that is built 38.33 ft x 65 ft and sits on a 38.33 ft x 80 ft lot with approximately 4,983 rentable square feet. There are two 1 bedroom apartments and two 2 bedroom apartments with rents that are 50% below market, none of which have current leases and offer immediate upside. The ground floor commercial space which totals approximately 2,400 square feet will be delivered vacant. The property is zoned C1-2/ R4 (Block: 6358, Lot: 34).

This property offers an investor or an end user the opportunity to capitalize on the high foot & vehicular traffic that is present on 86th Street in the Dyker Heights section of Brooklyn.