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1203 86th St

Bensonhurst, Brooklyn, NY
Lot Size
2,000 sqft
Year Renovated


Onsite Parking

About 1203 86th St

Investors and owner-users looking to purchase a whole building rather than having to rent office space in the future will like the 3-story property at 1203 86th Street in New York's Dyker Heights community.

Offering New York's professionals two parking spaces and a backyard, the property at 1203 86th Street is a solid brick construction with great live/work space and a storefront that still has a 9-year lease.

The property was completely renovated 6 years ago with a $300,000 refit and boasts 12 rooms in total, which include two apartments on the second floor and commercial space on the ground floor that brings in a rental income of $3,000 per month with a 4% increase per year. 1203 86th Street in New York allows each unit to pay their own metered heating and hot water.

The two parking spaces create an income of $300 per month, while the apartments generate $1,750 and $2,050 respectively. Owner expenses amount to $7,800 per annum. This property is an excellent long term investment. Internal spaces boast wood floors, high ceilings, natural light, kitchens and bathrooms.

1203 86th Street in New York has an attractive brown brick facade with a modern storefront and signage opportunity.

Companies at 1203 86th St

Jenny's flowers Florist Store

Internet Providers for 1203 86th St

Provider Technology Max Download Speed Max Upload Speed
Cablevision/Optimum Cable
1 Gb/s
25 Mb/s
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
25 Mb/s
25 Mb/s

The Market: New York City

The typical asking rate per listing is in the $60's per square foot per year. The New York City region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 8% decrease in rent.

Median Rate Median Size

Median Rate over Time in New York City