2227-2231 86TH STREET

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FOR SALE

2227-2231 86TH STREET Bensonhurst, Brooklyn, NY 11214

THREE BUILDING PACKAGE

PROPERTY FEATURES Location

North side of 86th Street btwn Bay Parkway & 23rd Avenue

Block

6348

Lots

65, 66, 67

65

66

67

Lot Dimensions

60’ x 100’

20’ x 100’

20’ x 100’

20 x 100’

Lot Size (SF)

6,000

2,000

2,000

2,000

1st Floor (SF)

5,300

1,800

1,800

1,700

2nd Floor (SF)

3,200

1,100

1,100

1,000

3rd

3,200

1,100

1,100

1,000

Building Size (SF)

11,700

4,000

4,000

3,700

Stories

3 plus bsmt

Zoning

R5/C1-3

Assessment (17/18) $604,980

$183,600

$201,240

$220,140

Taxes (16/17)

$19,413

$21,279

$23,277

Floor (SF)

$63,970

PROPERTY DESCRIPTION • • • • • • • •

All measurements, square footage & zoning information are approximate & should be independently verified

On the busiest side of a high traffic retail block. Three contiguous three-story buildings with 60’ frontage on 86th Street. Retail will be delivered vacant. Entire building may be delivered vacant. Small portion of 2nd floor is occupied by tenant who pays $1,000/mo through 2019. Most of 3rd Floor is occupied by tenant currently paying $2,288/mo with 2% increases each year until 2023. Landlord not responsible for any utilities. Located approximately 200 feet from the Bay Parkway / 86th Street D train station. On the route of the B1 bus line and around the corner from the B6 & B82 bus lines.

OWNERSHIP REQUESTS PROPOSALS For more information, please contact: Jeffrey A. Shalom Executive Director 718 307 6558 [email protected]

Stephen Vorvolakos Senior Associate CUSHMAN & WAKEFIELD 718 307 6559 One Pierrepont Plaza, 9th Floor, Brooklyn, NY 11201 [email protected] cushmanwakefield.com

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: 2227-2231 86th Street (block 6348/ lot 65, 66 & 67), Brooklyn, New York 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:_____________________