1718-1724 86TH STREET
FOR SALE
1718-1724 86TH STREET Bensonhurst, Brooklyn, NY 11214 CORNER THREE-BUILDING MIXED-USE PACKAGE DELIVERED VACANT
PROPERTY FEATURES Location
The southwest corner of 86th Street and Bay 16th Street between 17th and 18th Avenues
Block
6366
Lots
46, 47, 48
46
47
48
Lot Dimensions
58.5’ x 65’
19.25’ x 65’
19.25’ x 65’
20’ x 65’
Lot Size (SF)
3,803
1,251
1,251
1,300
1st Floor (SF)
3,148
924
924
1,300
2nd Floor (SF)
2,888
924
924
1,040
3rd
2,888
924
924
1,040
Building Size (SF)
8,924
2,772
2,772
3,380
Stories
3 plus bsmt
Zoning
R5/C1-2
Assessment (16/17) $352,573
$33,696 (Tax Class 1)
$132,937 (Tax Class 4)
$185,940 (Tax Class 4)
Taxes (16/17)
$6,736
$14,057
$19,661
Floor (SF)
$40,454
All measurements, square footage & zoning information are approximate & should be independently verified
•
Three contiguous three-story mixed-use buildings. Approximately 60’ of frontage along 86th Street and 65’ of frontage on Bay 16th Street.
•
Each unit is individually sub-metered for electric and cooking gas. Full basement with high ceilings.
•
86th Street is one of the major retail thoroughfares within south Brooklyn, making it a sought after destination for many retailers.
•
Ideally located a block away from the 18th Avenue & 85th Street D Train Station; B1 buses stop directly in front of the building. Bay Parkway, Shore Parkway (part of Belt Parkway) & Ocean Parkway are minutes away by car, providing convenient access to the other boroughs of New York City.
•
Owners will consider offers for individual buildings. All delivered vacant.
• ASKING PRICE: $4,995,000
For more information, please contact: Jeffrey A. Shalom Executive Director 718 307 6558 [email protected]
Stephen Vorvolakos Senior Associate 718 307 6559 [email protected]
Caroline Hodes Associate 718 307 6557 [email protected]
CUSHMAN & WAKEFIELD One Pierrepont Plaza, 9th Floor Brooklyn, NY 11201 cushmanwakefield.com
Cushman & Wakefield copyright 2016. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Date: _______________________ Jeffrey A. Shalom Cushman & Wakefield Via Fax: (347) 823-1370 Via email: [email protected]
Direct Phone: (718) 307-6558
RE: 1718-1724 86th Street (block 6366/ lots 46, 47, 48) Brooklyn, NY 11214 This letter is to serve as a formal offer for the purchase of the above referenced property. The offer is as follows: BUYER’NAME:
__________________________________
BUYER’S ADDRESS:
__________________________________
BUYER’S PHONE:
__________________________________
PRICE:
$_________________________
CONTRACT DEPOSIT:
$_________________________ (minimum 10%)
TIME TO CLOSE:
_____ Days after contract signing.
PREFERENCE WILL BE GIVEN TO OFFERS WITH NO CONTINGENCIES IS THIS BID SUBJECT TO: circle yes or no FINANCING: YES / NO. IF YES, HOW MUCH? $____________________ DUE DILIGENCE: YES / NO. IF YES, HOW LONG? ___________ Days OTHER CONTINGENCIES: YES / NO. IF YES, EXPLAIN_________________________ ______________________________________________________________________________ BROKERAGE: Cushman & Wakefield Realty of Brooklyn, LLC to be paid by Seller pursuant to a separate agreement. Please bear in mind that no offer shall be deemed “Acceptable” unless and until such time as a formal contract of sale is executed, the contract deposit is received and a countersigned copy of the contract is returned to Buyer. I am making this offer on my behalf as a principal. Very truly yours,
By:_____________________
1718-1724 86TH STREET Bensonhurst, Brooklyn, NY 11214 CORNER THREE-BUILDING MIXED-USE PACKAGE DELIVERED VACANT
PROPERTY FEATURES Location
The southwest corner of 86th Street and Bay 16th Street between 17th and 18th Avenues
Block
6366
Lots
46, 47, 48
46
47
48
Lot Dimensions
58.5’ x 65’
19.25’ x 65’
19.25’ x 65’
20’ x 65’
Lot Size (SF)
3,803
1,251
1,251
1,300
1st Floor (SF)
3,148
924
924
1,300
2nd Floor (SF)
2,888
924
924
1,040
3rd
2,888
924
924
1,040
Building Size (SF)
8,924
2,772
2,772
3,380
Stories
3 plus bsmt
Zoning
R5/C1-2
Assessment (16/17) $352,573
$33,696 (Tax Class 1)
$132,937 (Tax Class 4)
$185,940 (Tax Class 4)
Taxes (16/17)
$6,736
$14,057
$19,661
Floor (SF)
$40,454
All measurements, square footage & zoning information are approximate & should be independently verified
•
Three contiguous three-story mixed-use buildings. Approximately 60’ of frontage along 86th Street and 65’ of frontage on Bay 16th Street.
•
Each unit is individually sub-metered for electric and cooking gas. Full basement with high ceilings.
•
86th Street is one of the major retail thoroughfares within south Brooklyn, making it a sought after destination for many retailers.
•
Ideally located a block away from the 18th Avenue & 85th Street D Train Station; B1 buses stop directly in front of the building. Bay Parkway, Shore Parkway (part of Belt Parkway) & Ocean Parkway are minutes away by car, providing convenient access to the other boroughs of New York City.
•
Owners will consider offers for individual buildings. All delivered vacant.
• ASKING PRICE: $4,995,000
For more information, please contact: Jeffrey A. Shalom Executive Director 718 307 6558 [email protected]
Stephen Vorvolakos Senior Associate 718 307 6559 [email protected]
Caroline Hodes Associate 718 307 6557 [email protected]
CUSHMAN & WAKEFIELD One Pierrepont Plaza, 9th Floor Brooklyn, NY 11201 cushmanwakefield.com
Cushman & Wakefield copyright 2016. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Date: _______________________ Jeffrey A. Shalom Cushman & Wakefield Via Fax: (347) 823-1370 Via email: [email protected]
Direct Phone: (718) 307-6558
RE: 1718-1724 86th Street (block 6366/ lots 46, 47, 48) Brooklyn, NY 11214 This letter is to serve as a formal offer for the purchase of the above referenced property. The offer is as follows: BUYER’NAME:
__________________________________
BUYER’S ADDRESS:
__________________________________
BUYER’S PHONE:
__________________________________
PRICE:
$_________________________
CONTRACT DEPOSIT:
$_________________________ (minimum 10%)
TIME TO CLOSE:
_____ Days after contract signing.
PREFERENCE WILL BE GIVEN TO OFFERS WITH NO CONTINGENCIES IS THIS BID SUBJECT TO: circle yes or no FINANCING: YES / NO. IF YES, HOW MUCH? $____________________ DUE DILIGENCE: YES / NO. IF YES, HOW LONG? ___________ Days OTHER CONTINGENCIES: YES / NO. IF YES, EXPLAIN_________________________ ______________________________________________________________________________ BROKERAGE: Cushman & Wakefield Realty of Brooklyn, LLC to be paid by Seller pursuant to a separate agreement. Please bear in mind that no offer shall be deemed “Acceptable” unless and until such time as a formal contract of sale is executed, the contract deposit is received and a countersigned copy of the contract is returned to Buyer. I am making this offer on my behalf as a principal. Very truly yours,
By:_____________________
