- For Sale $1,200,000
- Property Type Multi-Family
- Property Size 5,100 SF
- Units 6
- Lot Size 3,003 SF
- Cap Rate % 4.68
- NOI / YR $65,502.00
- Taxes / YR $25,382.00
- Year Built 1921
- Date Updated May 5, 2026
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.
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Contacts
MYNY Commercial
Location
Located at 367 86th St, Brooklyn, NY 11209, this property is part of the Bay Ridge neighborhood and Brooklyn market.
MYNY Commercial