SOLDAPR 11, 2024
518 86th St
Brooklyn, NY 11209
Bay Ridge
Studio
4 Baths
4,950 sqft
- Studio
- 4 Baths
- 4,950 sqft
Studio
4 Baths
4,950 sqft
Homes for Sale Near 518 86th St
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Local Information
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Description
This property is no longer available to rent or to buy. This description is from April 12, 2024
Outstanding Investment Opportunity with high income and low real estate taxes. Great Candidate for 1031 Exchange! Situated on 86th Street in Bay Ridge, one of Brooklyn's busiest commercial corridors. Boasting an extremely high traffic location, this well-maintained mixed use 4 story building, plus full finished basement, under-went an extensive gut renovation in 1996 including water main, sewer line, electric & gas services and interior electrical & plumbing lines. Additional renovations include interior & exterior concrete work and completely new building façade. Retail space is vented, equipped with central air and underwent recent renovations (2019), making it especially well-suited for any type of food establishment but with the potential to be utilized for any retail purpose including medical or professional use. Commercial space includes 1,350 sq ft ground floor w/11' ceilings + 1,350 sq ft fully finished and tiled basement with clear 8' ceiling height, half bath, office space, floor drains, grease trap and hydraulic lift to ground floor - a total of 2,700 usable sq ft. This building offers an excellent opportunity for owner/user. The property also contains 'FREE MARKET' residential units.
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$636/sqft
Listed
81 days ago
Home Details for 518 86th St
Interior Features |
|---|
Interior Details Basement: Finished,Full |
Beds & Baths Number of Bathrooms: 4Number of Bathrooms (half): 4 |
Dimensions and Layout Living Area: 4950 Square FeetFoundation Area: 1400 |
Appliances & Utilities Appliances: Gas Water Heater |
Heating & Cooling Heating: Natural Gas,Steam/RadiatorNo CoolingHas HeatingHeating Fuel: Natural Gas |
Gas & Electric Electric: 200 Amp |
Windows, Doors, Floors & Walls Flooring: Hardwood, Tile |
Levels, Entrance, & Accessibility Stories: 4Floors: Hardwood, Tile |
Exterior Features |
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Exterior Home Features Roof: FlatFoundation: Concrete Perimeter |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Street,None |
Property Information |
|---|
Year Built Year Built: 1926 |
Property Type / Style Property Type: ResidentialProperty Subtype: Mixed Use |
Building Building: NoneConstruction Materials: Brick, Stucco, MasonryAttached To Another Structure |
Price & Status |
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Price List Price: $3,150,000Price Per Sqft: $636/sqft |
Active Status |
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MLS Status: Sold |
Location |
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Direction & Address City: BrooklynCommunity: Brooklyn |
Building |
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Building Area Building Area: 4950 Square Feet |
Community |
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Units in Building: 1 |
Lot Information |
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Lot Area: 1600 sqft |
Listing Info |
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Special Conditions: Arm's Length |
Miscellaneous |
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BasementMls Number: 479797 |
Last check for updates: about 13 hours ago
Listed by Angelo Saraniero
Robert Defalco Realty
Source: BNYMLS, MLS#479797
Price History for 518 86th St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/11/2024 | $3,150,000 | Sold | BNYMLS #479797 |
| 02/23/2024 | $3,350,000 | Pending | BNYMLS #479797 |
| 02/08/2024 | $3,350,000 | Listed For Sale | BNYMLS #479797 |
| 10/15/2023 | ListingRemoved | BNYMLS #475115 | |
| 06/29/2023 | $3,500,000 | Listed For Sale | BNYMLS #475115 |
| 05/01/2023 | ListingRemoved | BNYMLS #465711 | |
| 08/02/2022 | $3,499,995 | Listed For Sale | BNYMLS #465711 |
| 07/01/2022 | ListingRemoved | BNYMLS #460767 | |
| 04/14/2022 | $3,695,000 | Listed For Sale | BNYMLS #460767 |
| 05/31/1995 | $400,000 | Sold | N/A |
Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | |
| Assessment | $2,370,000 |
Home facts updated by county records
Comparable Sales for 518 86th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $1,210,000 | 06/30/23 | 4 | 3 | 2,542 | |
0.33 | Single-Family Home | $1,390,000 | 11/06/23 | 3 | 3,300 | ||
0.21 | Single-Family Home | $1,350,000 | 05/31/23 | 2 | 2,800 | ||
0.39 | Single-Family Home | $1,400,000 | 06/29/23 | 3 | 3,160 | ||
0.22 | Single-Family Home | $1,480,000 | 07/21/23 | 6 | 3 | 3,222 | |
0.05 | Single-Family Home | $1,920,000 | 01/04/24 | - | 4,452 | ||
0.53 | Single-Family Home | $2,520,000 | 10/25/23 | 5 | 3 | 4,800 | |
0.42 | Single-Family Home | $1,400,000 | 03/22/24 | 4 | 4 | 1,746 | |
0.39 | Single-Family Home | $1,600,000 | 08/30/23 | 2 | 3,600 |
Assigned Schools
These are the assigned schools for 518 86th St.
- Fort Hamilton High School
- 9-12
- Public
- 4644 Students
3/10GreatSchools RatingParent Rating AverageI feel like this school doesn’t really encourage academic success because some of the more ambitious students aren’t provided with the materials they need to succeedStudent Review1mo ago - Ps Is 104 The Fort Hamilton School
- K-8
- Public
- 1198 Students
8/10GreatSchools RatingParent Rating AverageThis is a caring ,nurturing environment. All students are respected. Parents are always included and respected by the teachers ,principal and the dean. The staff gets to know your child and treats them fairly. All teachers and support staff go above and beyond to help their students succeed. Bullying is always handled to the best of their ability. More programs are being added for the arts and a new science lab will be added soon thanks to the pta which is phenomenal at their job and big ideas for fundraising. Teachers are dedicated and always a phone call or email away. My child graduated in June of 2022. My other child attended from kg to 2nd grade. Due to changes in the reading library curriculum from the DOE I’ve decided public school is not for my youngest child to be subjected to because I was not informed about the upcoming plan to be incorporated. Therefore, I’ve chosen a private school which offers a conservative direction of education that is in line with my family values. But, I’ve had a positive experience with this school for 6 years it’s just time to move on.Parent Review1y ago - Ps 264 Bay Ridge Elementary School For The Arts
- K-5
- Public
- 420 Students
9/10GreatSchools RatingParent Rating AverageUnless your child is perfectly typical in every way beware of this school and it's principal. They immediately suggest D75 placement to move kids out of the school quickly. I question whether they understand children at all since they use negative reinforcement like "good/bad" behavior charts that make children fearful. My child has reading difficulties and their approach has led to fear and anxiety in my child.Parent Review1y ago 
Check out schools near 518 86th St.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Bay Ridge
- Muntasur ali
- Resident
- 2mo ago
"Night life is great, close to good restaurants, diverse, close shopping district, trains and buses are near, and people are great "
- Trulia User
- Resident
- 6mo ago
"I’ve lived here about a year. The neighborhood feels safe, close to the water and variety of restaurants in the area."
- Trulia User
- Resident
- 7mo ago
"Traumatic long slow unreliable convoluted exhausting frustrating and there’s also a bad parking situation. "
- Trulia User
- Resident
- 7mo ago
"No. Hard to walk them. Rules and fines for failure to scoop and bag poop. Not enough yard space and dogs have to worry about getting hurt by other animals. "
- Trulia User
- Resident
- 8mo ago
"I like this neighborhood it has everything near by and its very neighborly also its very calm and safe"
- Trulia User
- Visitor
- 8mo ago
"Ok area. Close to public transportation. There are many areas that are mainly Latinos. There are nice parks and areas where you can access the ocean."
- Trulia User
- Resident
- 8mo ago
"Very safe. Very diverse. Lots of Arabs and Italian. Many nice restaurant. Nice ocean walk. Nice parks. Very kids friendly "
- Trulia User
- Prev. Resident
- 9mo ago
"My neighbor hood has the 68 police station, there’s a bi beautiful park down the block. There’s kids everywhere. People walking there dogs."
- Trulia User
- Resident
- 10mo ago
"It is clean and the other dog lovers are pretty awesome to be around. I think that there are a lot of parks. "
- Trulia User
- Resident
- 10mo ago
"Bay Ridge is a extremely safe and wonderful place to live. It has a great blend of ethnicities and amazing restaurants."
- Trulia User
- Resident
- 10mo ago
"A lot of Park areas. Near water. some dogs owners are not cleaning after their dogs Save area can walk 24/7 with the Dogs outside "
- Trulia User
- Resident
- 10mo ago
"R train and buses. Not bad, could be faster since these are the only options. Express bus is a good option but a bit too expensive"
- Trulia User
- Resident
- 11mo ago
"Very safe, schools are good. Great restaurants. They also have great 24 hour deli if your hungry in the middle of the night."
- Trulia User
- Resident
- 1y ago
"I just love the diversity of this neighborhood and community. Lots of variety of cultures and foods and places of worship. "
- Trulia User
- Resident
- 1y ago
"Lots of green places to walk, dog parks and other dog owners. Sometimes people can be better about cleaning up after their pets. "
- Trulia User
- Visitor
- 1y ago
"Friendly and very nice with good metro and parks good food and safe very awesome place to bike and walk"
- Trulia User
- Resident
- 1y ago
"You can literally walk in any direction and find food, bars, and shopping. Quiet tree lined streets for families just starting."
- Trulia User
- Resident
- 1y ago
"festivals and parades family friendly. lots of restaurants and pubs. self contained neighborhood. accessibility to nyc and other boroughs "
- Trulia User
- Visitor
- 1y ago
"i am on the border of sunset park and bay ridge so i have spent some time in sunset park. it’s definitely unique "
- Trulia User
- Resident
- 1y ago
"there's a few dog runs and nice parks to take a stroll. people are friendly and courteous. there's a beautiful walk along the water where you can take your dog also on in the neighborhood. in general there are a lot of good people. "
- Trulia User
- Resident
- 1y ago
"23 years here, grew up here, great neighborhood to raise a family. Xpress bus is reliable, the R train is not so much 😁 "
- Trulia User
- Resident
- 1y ago
"The local business district association sponsors 3rd & 5th Avenue Strolls, like block parties along the Avenue a few times a year.. Live music, foods, attractions/rides for kids."
- Trulia User
- Resident
- 1y ago
"There are street festivals & walks on 3rd & 5th Avenues a few times each year, really brings out the neighborhood. "
- Trulia User
- Resident
- 1y ago
"Great and easily accessible community that is close to literally everything in NYC. If this area wasn’t as expensive it would be much easier to make my choice about where to buy a. House "
- Trulia User
- Resident
- 1y ago
"Quiet and peaceful neighborhood. Parking is always available, day and night and locals don’t abuse it. "
- Trulia User
- Resident
- 1y ago
"I live open streets, and there are a lot of good restaurants here. They also decorate the streets when there are festivals."
- Trulia User
- Prev. Resident
- 1y ago
"There's a large dog park right by Dyker Beach golf course that's always busy with furry friends for your dog. "
- Trulia User
- Resident
- 1y ago
"It’s not as bad as you would think looking at the transit map. It’s a little longer to the city, but it’s reliable and basically clean. I give the MTA a thumbs up. "
- Trulia User
- Visitor
- 1y ago
"There is a methadone clinic & smack score house around 4ave/53rd street. Keep your kids away. The patrons wander the area, hand out in the subway station. "
- Trulia User
- Prev. Resident
- 1y ago
"It's a hispanic/asian food haven with rich cultural diversity! close proximity to Chinatown for affordable grocery."
- Trulia User
- Resident
- 2y ago
"Safe neighborhood and lots of young families. Avenue has everything you need and great restaurants. No car needed! Parking is a challenge though."
- Trulia User
- Resident
- 2y ago
"We love the diversity, access to green space, and also how quiet it is here. It's very family friendly as there are parks nearby and tons of great schools."
- Trulia User
- Resident
- 2y ago
"it's nice here, the parks are so nice for kids to play, clean, the Parks on shore road are nice, very nice."
- Trulia User
- Resident
- 2y ago
"Great for families, many parks, schools, restaurants and cultures. Many activities for families to get involved in. Very expensive housing unfortunately. "
- Trulia User
- Resident
- 2y ago
"Summer strolls, great restaurants, community events and Avenue festivals make it a family friendly neighborhood "
- Trulia User
- Resident
- 2y ago
"Great schools, great outdoor space, great views, and a small town feel in the big city. Bay Ridge is all around a great neighborhood to grow up in. "
- Trulia User
- Resident
- 2y ago
"it's a very dog friendly area, people just need to be respectful and clean up after the animals they've agreed to take care of."
- Trulia User
- Resident
- 2y ago
"It is a dog friendly neighborhood with many parks that welcome dogs during the off-leash hours and on leash at other times."
- Trulia User
- Resident
- 2y ago
"Schools and parks are all near the neighborhood. Also Shore Road Promenades is close by for kids and adults to go bike riding, power walk and or a simple stroll. During the winter if there is enough snow fall kids can go sleighing at Owls head park. For the adults there are many pubs, coffee shops and restaurants for your entertainment needs. Mom’s can go for their weekend mani pedi at the local nail salon all close to Bay Ridge. There’s even a farmers market a few blocks away. We have it all here in Bay Ridge. I’m lucky to be part of this neighborhood. "
- Trulia User
- Resident
- 2y ago
"it's s nice area with some older people. they have always been nice and supportive. there is enough variety in an the shops "
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The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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518 86th St, Brooklyn, NY 11209 is a studio, 4 bathroom, 4,950 sqft single-family home built in 1926. 518 86th St is located in Bay Ridge, Brooklyn. This property is not currently available for sale. 518 86th St was last sold on Apr 11, 2024 for $3,150,000 (0% higher than the asking price of $3,150,000). The current Trulia Estimate for 518 86th St is $3,150,700.