$1,899,000

Estimated payment $11,384/month

Total Views 485
-- Bed
-- Bath
2,875 Sq Ft
$661 Price per Sq Ft

Highlights

  • Wood Flooring
  • 2-minute walk to 86 Street (R Line)
  • Back and Front Yard
  • P.S. 264 Bay Ridge Elementary School for the Arts Rated A-
  • Baseboard Heating

About This Home

Beautiful Bay Ridge brand-new two-family home + medical office + 2 car parking on a most desirable 86th St. prime Bay Ridge locale! Makes for an amazing mixed-use investment property with over $10,000/month-$120,000/year rental income; or perfect for any type of owner/end-user. This wonderful property is completely renovated from top to bottom with new electric and plumbing, and new kitchens and bathrooms. The setup & features: - Ground floor is a medical office, with two exits at the front and back. The space is completely renovated with a new heating and cooling system (wall split-units) and parking in the rear for two cars. -First floor apartment: three bedrooms, 1.5 baths, stainless steel appliances, laundry, and split units for heating and cooling. - Second floor apartment: three bedrooms and 1.5 baths, with an open-space living and kitchen, stainless steel appliances, beautiful hardwood floors, laundry, a skylight, and a balcony. All utilities are separate with separate gas boilers for separate heating for each unit. Truely a must see to believe and appreciate property. You absolutely will not want to miss out on this outstanding opportunity to own a prized piece of real estate in one of Brooklyn's most sought-after neighborhoods.

Listing Agent

Billy Apter

RE/MAX Real Estate Professionals License #40AP1037712 Listed on: 04/21/2026

RE/MAX Real Estate Professionals

Co-Listing Agent

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,042

Year Built

  • Built in 1925

Lot Details

  • 1,917 Sq Ft Lot
  • Lot Dimensions are 100 x 19
  • Back and Front Yard
  • Property is zoned R5B

Parking

  • 2 Parking Spaces

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,875 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Ceramic Tile

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6044

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $1,000
  • Utility Expense $850
  • Gross Income $117,000

Property Details

Property Type

Other

Est. Annual Taxes

$13,042

Year Built

Built in 1925

Lot Details

1,917 Sq Ft Lot

Listing Details

  • Basement Amenities: Full, Walk-in, Other
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 19.00
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3rd Av
  • Cross Street Name2: 4th Av
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Community Drive
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2875
  • Building Stories: 2
  • Street Name I D X: 86th
  • Waterfront Present: No
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic, Hardwood, Tile
  • Lot Sq Ft: 1917

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 27
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 19
  • Zoning: R5B

Rental Info

  • Rent Income: 9750

Multi Family

  • Annual Gross Expense: 36600.00
  • Annual Gross Income: 117000
  • Unit Count: 3
  • Annual Utility Expenses: 850.00

Tax Info

  • Flip Tax Amount: 13042.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $13,364 $115,260 $13,800 $101,460
2025 $9,939 $105,720 $13,800 $91,920
2024 $9,939 $90,180 $13,800 $76,380
2023 $9,692 $86,700 $13,800 $72,900
2022 $9,098 $79,920 $13,800 $66,120
2021 $8,233 $76,140 $13,800 $62,340
2020 $4,092 $57,420 $13,800 $43,620
2019 $7,877 $57,420 $13,800 $43,620
2018 $7,377 $36,187 $9,578 $26,609
2017 $7,011 $34,395 $8,425 $25,970
2016 $6,517 $32,602 $8,444 $24,158
2015 $3,914 $32,595 $11,293 $21,302
2014 $3,914 $31,380 $11,943 $19,437
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2026 04/21/26 For Sale $1,899,000 +76.7% $661 / Sq Ft
02/18/2021 02/18/21 Sold $1,075,000 -17.2% $632 / Sq Ft View Prior Sale
11/05/2020 11/05/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $1,299,000 -- $764 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed -- --
Deed $1,075,000 --
Deed $1,075,000 --
Deed $1,075,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $650,000 Purchase Money Mortgage
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 500677

Brooklyn Board of REALTORS®

APN: 06044-0027

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