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A blog for breaking sales and neighborhood real estate news.

A retail property located at 2201 86th Street in Brooklyn’s Bensonhurst neighborhood was sold in an all cash transaction valued at $5,000,000.

Also known as 8513-23 Bay Parkway, this two story property is located on the northeast corner of 86th Street and Bay Parkway. This is one of the busiest retail corners in southwest Brooklyn with TD Bank (formerly Commerce Bank) directly across the street, bus stops directly in front of the building on each corner as well as stairs to the elevated subway.  The two floors make up approximately 9,900 sq. ft. with 55 ft. of frontage on 86th Street and 90 ft. of frontage on Bay Parkway. The sales price represented $505.05 per square foot.

Neighborhoods: Bensonhurst/ Agents: Jeffrey Shalom