A retail property at 2117 86th Street, located on the north side of 86th Street between Bay Parkway and 21st Avenue in Brooklyn’s Bensonhurst neighborhood was sold in an all cash transaction valued at $1,900,000.
The one-story, 1,800 square foot building sits on a 20’ x 100’ lot. The property is occupied by Tango, a local retailer who has been operating the clothing store for over twenty years. The property is ideally located between AT&T Wireless and Footaction and benefits from high pedestrian traffic from neighboring retailers such as Gap, CVS, Citibank and Payless Shoes. The entire building is currently net leased below the current market rent for this location.
Neighborhoods: Bensonhurst/ Agents: Jeffrey Shalom