245-247 86th Street
245-247 86th Street
Exclusive Expired
Exclusive Expired
Description
This property is two attached limestone townhomes, (approximately 5900 sf) located on a prime Bay Ridge block.
Each building features three stories + finished basement and sits on an expansive lot measuring 45x125 lot with R3-2 zoning.
A well-established preschool occupies the first and second floors of both buildings.
The third...INVESTORS DREAM! Calling all investors looking for an incredible opportunity to own an income-producing, mixed-use property in Prime Brooklyn with a RARE net cap rate of 5+%!
This property is two attached limestone townhomes, (approximately 5900 sf) located on a prime Bay Ridge block.
Each building features three stories + finished basement and sits on an expansive lot measuring 45x125 lot with R3-2 zoning.
A well-established preschool occupies the first and second floors of both buildings.
The third floors of each building are spacious, airy, and
bright two-bed apartments; featuring an updated chef’s kitchen, new appliances, open living/dining, and two large bedrooms.
All of the units have maximized rental income making it an excellent investment!
Outside features a double car garage and a very large backyard - easily accommodating 6 cars!
Located in a vibrant Brooklyn community surrounded by beautiful limestone buildings, Bay Ridge boasts an array of restaurants, supermarkets, boutique shops, and nightlife! In addition, this fabulous neighborhood offers the tranquil setting of multiple parks...Millennium Skate Park, Owl’s Head, Narrows Botanical Garden, and the most coveted Shore Road Promenade!
Excellent transportation hub minutes away - including the R train, X37/38 buses, and NYC Ferry service to Manhattan, plus the S79 to Staten Island and a host of other local transportation.
245-247 86th Street is a true investment opportunity not to be missed!
BUILDING NUMBERS 245-247
BUILDING SIZE 40x60
LOTS SIZE 45x125
Listing Agents
![Christine Barranca]()
cbarranca@compass.comP: 917.848.0988
![Phyllis Mehalakes]()
phyllis.mehalakes@compass.comP: 646.528.6503
![Linda Sierra]()
linda.sierra@compass.comP: 917.671.7222
![Cody James]()
cody.james@compass.comP: 479.841.4945
Amenities
- Private Patio
- Private Yard
- Deck
- Private Entrance
- High Ceilings
- Northern Exposure
- Garage
- Back Yard
Location
Property Details for 245-247 86th Street
| Status | Exclusive Expired |
|---|---|
| Days on Market | 161 |
| Taxes | $5,328 / month |
| Maintenance | - |
| Min. Down Pymt | 10% |
| Total Rooms | 19.0 |
| Compass Type | Multi Family |
| MLS Type | - |
| Year Built | 1910 |
| Lot Size | 3,129 SF / 25' x 125' |
| County | Kings County |
Building
245-247 86th St
Location
Building Information for 245-247 86th Street
Payment Calculator
$29,880 per month
30 year fixed, 7.25% Interest
$24,552
$5,328
$0
Property History for 245-247 86th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 245-247 86th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
P.S. 185 Walter Kassenbrock PublicK to 5 | ||
Jhs 201 The Dyker Heights Public6 to 8 | ||
Fort Hamilton High School Public9 to 12 | ||
High School Of Telecommunications Arts And Technol Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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