341 86th Street

Bay Ridge

$6,499,000
Price
42
Beds
21
Baths
16,590 Sq. Ft.
$392 / Sq. Ft.
16,590
Sq. Ft.
$392
per Sq. Ft.

Description

Calling all investors looking for an amazing property in Bay Ridge. 21 units fully rented, 4 - 1 bedrooms, 13 - 2 bedrooms and
4 - 3 bedroom units. Building is 50x90 and the lot is 60x150 with R5B zoning. Amazing location with convenience to everything. Residential units are collecting $30,285.51 monthly. Most of the units have been recently renovated. Coin operated laundry in the basement generating $1,000 monthly and the best part is a private driveway leading to a parking area for 12-14 cars that
...Calling all investors looking for an amazing property in Bay Ridge. 21 units fully rented, 4 - 1 bedrooms, 13 - 2 bedrooms and
4 - 3 bedroom units. Building is 50x90 and the lot is 60x150 with R5B zoning. Amazing location with convenience to everything. Residential units are collecting $30,285.51 monthly. Most of the units have been recently renovated. Coin operated laundry in the basement generating $1,000 monthly and the best part is a private driveway leading to a parking area for 12-14 cars that can generate up to $3,500 monthly. 7 year old Rubber Roof.
  1. Listed by James Nelson • Ben Bay Realty Co of Bay Ridge • 6+ Spaces,Parking Area

Amenities

  • Walk Up
  • Driveway
  • Basement
  • Private Outdoor Space
  • Parking Included
  • Lowrise
  • Laundry

Location

Listing Courtesy of Ben Bay Realty Co of Bay Ridge
Add your commute
LISTING UPDATED: 04/22/2024 03:03 PM

Property Details for 341 86th Street

StatusActive
MLS ID481423
Days on Market15
Taxes$88,212 / year
Maintenance-
Min. Down Pymt-
Total Rooms84.0
Compass TypeMulti Family
MLS TypeResidential
Year Built1917
Lot Size9,010 SF / 60' x 150'
CountyKings County

Building

341 86th St

21 Units4 StoriesBuilt in 1917

Location

Listing Courtesy of Ben Bay Realty Co of Bay Ridge
Add your commute

Building Information for 341 86th Street

Stories4Residences21Year Built1917Building Size50' x 90'Building Sq. Ft18,000 SFLot Size9,010 SF / 60' x 150'Building Age-Building Type-

Payment Calculator

$42,819 per month

30 year fixed, 7.25% Interest

Principal and Interest

$35,468

Property Taxes

$7,351

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 341 86th Street

Summary
Location and General Information
  • Block: 6034
  • Cross Street Name: 3rd Av
  • Cross Street Name: 4th Av
  • Zoning: R5B
  • Roof: Flat, Rubber
  • Residential Features: Other
Parking
  • Parking Attributes: 6+ Spaces, Parking Area
  • Parking Feature Single: Private Drive
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 88212.0
  • Gross Expense: 166076.27
  • Gross Income: $417,426.00
  • Cap Rate: .04%
Property
Lot Information
  • Sq Ft Total: 16590
  • Yard: Back, Side
  • Lot Number: 67
  • Lot Size Irregular YN: No
  • Lot Size Length: 150
  • Lot Size Width: 60
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Oil
  • AC Units: 0
  • Hot Water: Hot Water Coil in Boiler, Oil
  • Utility Expense: 2450.0
  • Fuel Expense: 38407.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full, Other
  • Baths Three Quarter: 0.0
  • Baths Total Level 1: 6
  • Baths Total Level: 5
  • Total Rooms: 84
  • Foundation Details: Block
  • Flooring: Hardwood, Tile
  • Unit Count: 21
  • Building Amenities: Laundry – Card Operated
  • Construction Materials: Brick
  • Electric: Circuit Breakers
  • Baths Total Level: 5
  • Baths Total Level: 5
  • Beds Total Level: 12
  • Beds Total Level: 10
  • Beds Total Level: 10
  • Beds Total Level: 10
Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: Unknown
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 4500.0
  • Building Length: 90.0
  • Building Type: Semi-Detached
  • Building Width: 50.0
  • Rooms Total Level 1: 24
  • Rooms Total Level 2: 20
  • Rooms Total Level: 20
  • Rooms Total Level: 20
Unit 1
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Current Rent: 1995.0
  • Unit Floor: B
  • Unit Rooms Total: 5
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 912.29
  • Unit Floor: 1st
  • Unit Rooms Total: 4
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 798.55
  • Unit Floor: 1st
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 1399.12
  • Unit Floor: 1st
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 1 Bedroom
Unit 5
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1530.56
  • Unit Floor: 1st
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 6
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 4
  • Unit Category: Apt
  • Unit Current Rent: 1829.62
  • Unit Floor: 1st
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 7
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Current Rent: 1954.0
  • Unit Floor: 2nd
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 8
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 4
  • Unit Category: Apt
  • Unit Current Rent: 1501.12
  • Unit Floor: 2nd
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 9
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Current Rent: 1600.0
  • Unit Floor: 2nd
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 1 Bedroom
Unit 10
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1550.0
  • Unit Floor: 2nd
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 11
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1481.99
  • Unit Floor: 2nd
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 12
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Current Rent: 1838.23
  • Unit Floor: 3rd
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 13
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1460.62
  • Unit Floor: 3rd
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 14
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 1548.75
  • Unit Floor: 3rd
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 1 Bedroom
Unit 15
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 1942.5
  • Unit Floor: 3rd
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Agent
Agent Information
  • Net Operating Income: 251349.73
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 13186.51
  • Owner Occupied: No

Property History for 341 86th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 341 86th Street

Taxable ValueLand$324,000Additions$512,550Total$836,550
Home Facts
Total Finished SqFt16,590 SqFtLot Size9,000 SqFtYear Built1917ZoningR5BAPN3060340067

Schools near 341 86th Street

This home is within Nyc Geog District #20 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Jhs 201 The Dyker Heights
Public6 to 8

Fort Hamilton High School
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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341 86th Street is a multi-family home for sale in Bay Ridge. This property was listed for sale on April 22, 2024 by Ben Bay Realty Co of Bay Ridge, it's currently listed at $6,499,000. This listing's school district is Nyc Geog District #20 - Brooklyn. Nearby schools include P.S. 264 Bay Ridge Elementary School For The Arts, Jhs 201 The Dyker Heights and Fort Hamilton High School. 341 86th Street is a 42-bed, 21-bath, 16,590 sqft multi-family home built in 1917.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ben Bay Realty Co of Bay Ridge

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