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NewLuxury

$2,900,000

6 days on market

1711 86th Street

Brooklyn, NY 11214

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

—

Square feet

1899

Built

Listing narrative

Description

Attention builders, developers and investors! Located on busy 86th Street, this property offers an exciting opportunity in a prime Brooklyn location. The property is zoned R5 with a C1-2 commercial overlay. Based on preliminary findings from an architect, the site may offer approximately 7,000 buildable square feet and the potential for mixed-use development, with commercial and residential space. Conveniently located near the train station, bus stops, restaurants, shopping, clothing stores and the many businesses along 86th Street. The property is currently used as a two-family home featuring 4 bedrooms throughout, a finished attic and a basement with a separate entrance. All information regarding development potential and buildable square footage is preliminary and is not guaranteed. Buyers are encouraged to perform their own due diligence and consult with their architect and/or other appropriate professionals to determine exactly what can be built on the property.

Listing agent (MLS): Vincent Geraldi · Listing brokerage (MLS): Coldwell Banker Advantage

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,900,000

Beds

Beds n/a

Type

Multi-Family

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

3,768 sqft

Year

1899

Status

New

Days on Market

6

· 8% down, 7% APR, 30yr fixed
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Courtesy of Coldwell Banker Advantage