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Active - House for sale
1687 86th Street, Brooklyn, NY 11214
Facts & features
Why you’ll love it
This property promises a steady income stream and represents a solid investment. The ground level is home to the prosperous "Gossip" restaurant, committed to a 5 + 10-year lease ending on 1/1/2036. The upper level features two modern apartments, refurbished in 2019: a two-bedroom unit and a one-bedroom unit. With tenants on adaptable month-to-month agreements, there's potential for rent recalibration to reflect market rates. This is an exceptional opportunity to secure a dependable and robust investment in a prime location. current estimated CAP rate is ~4.7% Building Square feet 2,800 Building dimensions 20 ft x 70 ft Buildings on lot 1 Stories 2 Roof height 26 ft Year built 1938
Listed by: Iryna Ferenets • iryna.ferenets@compass.com • Compass
Co-listed by: Compass
Come see by yourself
Affordability
$9,734/mo
- Mortgage$9,734
- Property tax$0
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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About Brooklyn
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
