455 87th Street
Brooklyn, NY, 11209 $ 5,888,888
Bedrooms-- Baths-- Sq 9,211 Monthly Estimate*
$ 36,739
for $5,888,888. This 9,211 square foot building was built in 1925 on a lot size of 0.069054.
Prime Investment Opportunity in Bay Ridge Solid Brick Corner Property with 9 Apartments & 5 Stores Presenting an exceptional mixed-use investment property in the heart of Bay Ridge, one of Brooklyn’s most vibrant and high-demand neighborhoods. This well-maintained, solid brick corner building spans three above-ground floors and offers an outstanding mix of residential and commercial units. Property Features: 9 Residential Units, Six units: 2 bedrooms, 1 full bath, Three units: 1 bedroom, 1 full bath, All units in great condition with recently updated rents,5 Ground-Level Commercial Stores, Ideal for stable, long-term rental income, Prime corner exposure ensures excellent foot traffic, Full Basement, Provides extra storage, mechanical/utility space, or potential for future use. Property Details: Building Size: 30' x 94', Lot Size: 30' x 100', Total Building Area: approx. 9,211 sq ft, Zoning: Mixed-use, Year Built: 1925. Location Highlights: Just minutes to the R train (86th Street) – offering quick access to Downtown Brooklyn and Manhattan, Steps from 86th Street’s vibrant shopping district, supermarkets, cafes, and top-rated restaurants, Nestled on a quiet residential block within a strong rental market, Close proximity to excellent public schools. Investment Highlights:, Turnkey condition with solid ownership and maintenance history, Reliable rental income from both residential and commercial tenants, Rare opportunity to own a historic, income-generating asset in one of Brooklyn’s most established communities, Ideal for long-term investment, 1031 exchange, owner-occupancy, or future redevelopment/value-add potential, Own a Piece of Bay Ridge History, Whether you're an experienced investor or an end-user seeking both charm and cash flow, this property delivers on location, income, and long-term value. A true gem in one of Brooklyn's most sought-after neighborhoods. SELLER IS WILLING TO GIVE OWNER FINACING with maximum 10 years.
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FeaturesInteriorHeating Fuel Gas
Flooring Hardwood Tile Other
Hot Water Gas
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GeneralRoof Flat
Zoning C4-2A
Electric 110 V
Stories Count 4
Property Type Mixed Use
Block 6045
Yearly Taxes 89519.00
Transaction Type Sale
Financing Bank Mortgage Cash Owner
Building Type Semi-Detached
Status Active
Construction Materials Brick
Cumulative Days on Market 66
MLS Area Bay Ridge
Sub Type Mixed Use
Year Built 1925
City Brooklyn
DOM 66
# Families 9
Public Remarks Prime Investment Opportunity in Bay Ridge Solid Brick Corner Property with 9 Apartments & 5 Stores Presenting an exceptional mixed-use investment property in the heart of Bay Ridge one of Brooklyn’s
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ExteriorExterior Other
Foundation Poured Concrete
Parking Attrib Other
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Internal OnlyOriginating MLS Brooklyn New York MLS
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $36,739
- Monthly Property Taxes
- $7,460
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Brooklyn, NY
Average List Price $1,834,380
Percent of Sale Price 69%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/10/2025 | $5,888,888 | | Listed Price |