2362-2386 86th Street

2362-2384 86th Street, Brooklyn, NY 11214

Accepting Offers

Asking Price

$17,900,000

2362-2386 86th Street

2362-2384 86th Street, Brooklyn, NY 11214

Details

Asset Type: Real Estate

Estate: Leasehold

Year Built: 1960

Number of Floors: 1

Property Size: 12,130 SF

Property Type: Retail

Occupancy %: 42

Land Area: 0.35 Acres

Number of Units: 8

Investment Highlights

Investment Highlights
• Prime 86th Street Retail Corridor
Located on Bensonhurst’s most active commercial street, widely recognized as Brooklyn’s New Chinatown, a high-demand retail destination with strong pedestrian traffic and consistent consumer activity.
• Large Lot Size – 15,440 SF
Rare opportunity to acquire a substantial commercial footprint along one of Brooklyn’s most established retail corridors.
• Exceptional Retail Frontage – 193 Feet
Approximately 193 feet of continuous storefront frontage along 86th Street, offering outstanding visibility, signage exposure, and branding opportunities.
• Significant Building Size – 24,260 SF Total
Approximately 12,130 SF of ground-floor retail plus 12,130 SF of basement space, providing flexible layouts for large-format retail, multi-tenant configurations, or experiential retail concepts.
• Owner-User Opportunity
Approximately 6,938 SF currently vacant, allowing for immediate occupancy for retailers, medical users, or service operators seeking a flagship presence in a high-traffic retail corridor.
• Value-Add Leasing Potential
Existing rents are below current market levels, providing investors with a clear opportunity to increase income through lease-up and rental repositioning.
• Dense Residential Population
The surrounding Bensonhurst neighborhood features strong population density and stable long-term residency, supporting consistent retail demand and foot traffic.
• Excellent Transportation Access
Convenient access to the D subway line at Bay Parkway and 25th Avenue, as well as the Belt Parkway, providing strong connectivity across Brooklyn and Manhattan.
• Strategic Retail Hub Serving South Brooklyn
86th Street serves as a primary commercial destination for Bensonhurst, Dyker Heights, Gravesend, and Bath Beach, drawing shoppers and diners from across South Brooklyn.
• Rare Scale Asset in a Supply-Constrained Market
Large retail properties with this amount of frontage and lot size rarely trade along the 86th Street corridor, creating a compelling opportunity for investors seeking long-term appreciation in Brooklyn.

Prime 86th Street Retail Strip For Sale

Introducing a prime investment opportunity at 2362-2384 86th Street, Brooklyn, NY. This 12,130 SF building boasts 8 units, offering a lucrative proposition for retail industry investors. Built in 1960 and zoned C1-3, this property presents a versatile opportunity in a high-traffic area. With a 42% occupancy rate, there is significant potential for increased returns. Don't miss the chance to capitalize on this sought-after location in the heart of Brooklyn's thriving commercial district.

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