1687 86th St, Brooklyn, NY 11214

This property promises a steady income stream and represents a solid investment. The ground level is home to the prosperous "Gossip" restaurant, committed to a 5 + 10-year lease ending on 1/1/2036. The upper level features two modern apartments, refurbished in 2019: a two-bedroom unit and a one-bedroom unit. With tenants on adaptable month-to-month agreements, there's potential for rent recalibration to reflect market rates. This is an exceptional opportunity to secure a dependable and robust investment in a prime location. current estimated CAP rate is ~4.7% Building Square feet 2,800 Building dimensions 20 ft x 70 ft Buildings on lot 1 Stories 2 Roof height 26 ft Year built 1938