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A blog for breaking sales and neighborhood real estate news.

A two-story retail property at 2174 86th Street in Brooklyn’s Bensonhurst neighborhood was sold in an all cash transaction valued at $1,200,000.

This 19’ x 55’ building is located on the south side of 86th Street less than 69 feet from Bay Parkway, one of the busiest retail corners in southwest Brooklyn. Nearby retail tenants include TD Bank, Citibank, Capital One Bank, Burger King, NYC OTB, CVS and T-Mobile, and others. The property also benefits from its close proximity to public transportation with a bus stop and stairs to the elevated subway located directly in front of the building. Zoning may allow for expansion of the first floor unit as well as greater building height. The sales price represented $574.16 per square foot.

Neighborhoods: Bensonhurst/ Agents: Jeffrey Shalom