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About This Home

This 0-bedroom, 0-bathroom single family at 455 87th Street in Brooklyn, NY is listed for $5,888,888 ($639 per sqft). Built in 1925, the home offers 9,211 sqft of living space on a 0.07 acres lot.

Agent Description

Prime Investment Opportunity in Bay Ridge Solid Brick Corner Property with 9 Apartments & 5 Stores Presenting an exceptional mixed-use investment property in the heart of Bay Ridge, one of Brooklyn's most vibrant and high-demand neighborhoods. This well-maintained, solid brick corner building spans three above-ground floors and offers an outstanding mix of residential and commercial units.

Property Features: 9 Residential Units, Six units: 2 bedrooms, 1 full bath, Three units: 1 bedroom, 1 full bath, All units in great condition with recently updated rents,5 Ground-Level Commercial Stores, Ideal for stable, long-term rental income, Prime corner exposure ensures excellent foot traffic, Full Basement, Provides extra storage, mechanical/utility space, or potential for future use.

Property Details: Building Size: 30' x 94', Lot Size: 30' x 100', Total Building Area: approx. 9,211 sq ft, Zoning: Mixed-use, Year Built: 1925. Location Highlights: Just minutes to the R train (86th Street) - offering quick access to Downtown Brooklyn and Manhattan, Steps from 86th Street's vibrant shopping district, supermarkets, cafes, and top-r

ated restaurants, Nestled on a quiet residential block within a strong rental market, Close proximity to excellent public schools. Investment Highlights:, Turnkey condition with solid ownership and maintenance history, Reliable rental income from both residential and commercial tenants, Rare opportunity to own a historic, income-generating asset in

one of Brooklyn's most established communities, Ideal for long-term investment, 1031 exchange, owner-occupancy, or future redevelopment/value-add potential, Own a Piece of Bay Ridge History, Whether you're an experienced investor or an end-user seeking both charm and cash flow, this property delivers on location, income, and long-term value. A true gem in one of Brooklyn's most sought-after neighborhoods. SELLER IS WILLING TO GIVE OWNER FINACING with maximum 10 years.

Key Features

  • Built in 1925
  • 0.07 acre lot
  • 4 stories

Property Details

4 stories
1925

Amenities

Hardwood

Monthly Cost Estimate

$31,495/mo

20% down · 6.5% · 30 years

Principal$4,259
Interest$25,519
Insurance$1,718

Estimates only. Actual payments may vary.

Location

455 87th Street

Brooklyn, NY 11209

Property Details

Flooring

TileHardwood

Construction

Brick

Questions & Answers

This 0-bedroom, 0-bathroom single family at 455 87th Street is listed at $5,888,888 ($639/sqft). The estimated monthly payment is $25,519 based on 20% down at 6.5% interest.

Key features include: Built in 1925, 0.07 acre lot, 4 stories.

This property is listed by Peter Pan and can be reached at (917) 708-9966 or ppanre7@gmail.com.

PP

Peter Pan

Agent at Tiger Realty

(917) 708-9966

Listed by Tiger Realty

MLS# 496477· Source: listhub· Updated 234 days ago

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455 87th Street, Brooklyn, NY 11209

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