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2176 86th Street

Bath Beach - Brooklyn, New York 11214
$2,200,000
MLS 505750 · Active · Commercial
Main photo

Description

GREAT INVESTMENT OPPORTUNITY... Single-tenant, net-leased retail investment on the 86th Street corridor in Bath Beach. This 2,090 SF, two-story mixed-use building is 100% occupied by an established grocery/deli operator, who uses both floors. Long-term lease runs through December 31, 2034, with contractual annual rent increases built in. The tenant pays 100% of real estate taxes, plus all utilities, HVAC, and interior maintenance, and the lease carries a personal guaranty. There is no residential management and no vacancy risk, just one tenant and one lease. The building is in a dense, transit-served neighborhood with steady foot traffic and little comparable inventory. It’s a clean, hands-off hold for 1031 buyers and passive investors. Showings by appointment only, and please do not disturb the tenant.

Property

TypeCommercial
Building TypeAttached
Year Built1931
Stories2
Stores1
Square Feet2,090
Building Size19.00 x 55.00
Lot Size19 x 60
Lot Sq Ft1,140
ZoningK2
Block / Lot6380 / 44

Costs

Price$2,200,000
Taxes$20,453.92
Gross Income$124,794

Building & Systems

Heating FuelGas
Heat DeliveryDuctless/Split, Other
Air Conditioning3 unit(s)
ConstructionBlock
RoofFlat
FoundationBlock
BasementCellar

Location

NeighborhoodBath Beach
BoroughBrooklyn
Cross StreetsBay Parkway & Bay 29th Street
School District20

Interior Features

Restrooms - Staff

Exterior Features

Sign - Building

Listed By

Christopher M. Roselli
(718) 232-1250
croselli@polizzotto.com
Polizzotto Realty · (718) 232-1250