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705 86th St, Brooklyn, NY, 11228

4beds
2baths
12,399sqft
$3,780,000
$305price/sqft
$23,971/moest. monthly cost
$958,840/yrincome needed

About This Home

Introducing an exceptional investment opportunity in one of Brooklyn's most desirable neighborhoods. This grand all-brick mixed-use 54X76 building in Dyker Heights spans over 12,000 sq. ft. and offers a strong mix of commercial and residential income. The property features 6 office suites and two spacious 2-bedroom residential units, making it ideal for investors or owner-users seeking immediate cash flow with long-term upside. Zoned C4-2A, the building is well-suited for medical office, retail or mixed-use redevelopment, providing flexibility for a variety of business and investment opportunities. Perfectly positioned along a vibrant commercial corridor, this property offers exceptional visibility, high foot traffic, and convenient access to transportation, fine dining, and upscale retail. With high visibility, easy access, and immediate income potential, this property is an ideal addition to any investment portfolio. Call today for more details or to schedule a private showing!

Getting Around

93
WalkingWalker's Paradise
0
TransitVery Limited Transit
72
BikeVery Bikeable

Schools

8/10
Ps 127 Mckinley ParkGrades K-50.4 mi
5/10
Fort Hamilton High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Excellent
  • Year built: 1994

Materials

  • Construction materials: Brick,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • 3/4 bathrooms: 2

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Units

Interior Area

  • Total structure area: 12,399
  • Total interior livable area: 12,399 sqft

Property

Details

  • Parcel number: 060370065
  • Zoning: C4

Features

  • Stories: 3

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: 54 x 89

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $19,113$229,356
Home Insurance *$1,045$12,540
Property Taxes $1,764$21,168
Electricity $2,049$24,588
Total$23,971$287,652
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$821,862/yr
40% on housing$719,130/yr
45% on housing$639,226/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$305This listing

vs Other Active Listings

Avg $/sqft

ZIP 11228$752
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11228$763
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-03Price change$3,780,000
2025-11-05Listed for sale$3,888,000
2023-09-29Listing removed--
2023-06-11Price change$4,800,000
2023-03-20Listed for sale$5,100,000
2020-08-02Listing removed$2,000
2020-07-22Listed for rent$2,000

For Sale by Agent

AgentSvetlana Noll
BrokerageHomes R Us Realty of NY, Inc.

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