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1435 86th St

21,500 SF 70% Leased Office Building Brooklyn, NY 11228 $20,999,966 CAD ($977 CAD/SF) 6.99% Cap Rate

Investment Highlights

  • Elevator
  • Davita Space newly renovated
  • New HVAC + Roof

Executive Summary

- Brand new elevator
- Davita space was newly renovated 2019
- Davita 15 year lease with 10% bumps every 5 years (NNN). Corp. guaranteed lease.
- Lease expires January 31, 2038 + two 5 year option.
- Brand new elevator that goes from lower level to top floor. Brand New Roof.
- Davita pays 100% of snow removal.
- New HVAC and roof.
- Floor plans available upon request.
*$18,360 parking contract increases 2% annually

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
21,500 SF
Building Class
C
Year Built
2007
Price
$20,999,966 CAD
Price Per SF
$977 CAD
Cap Rate
6.99%
NOI
$1,466,985 CAD
Percent Leased
70%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,500 SF
Building FAR
1.76
Land Acres
0.28 AC
Zoning
R4 - Low density residential district
Parking
3 Spaces (0.14 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Security System
  • Storage Space
  • Direct Elevator Exposure
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste Entire Fl
  • 6,500 SF
  • Office/Medical
  • Partial Build-Out
  • Now

This is second floor of a medical building. New elevators, New HVAC.

Space Size Space Use Condition Available
2nd Fl-Ste Entire Fl 6,500 SF Office/Medical Partial Build-Out Now

2nd Fl-Ste Entire Fl

Size
6,500 SF
Space Use
Office/Medical
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste Entire Fl

Size 6,500 SF
Space Use Office/Medical
Condition Partial Build-Out
Available Now

This is second floor of a medical building. New elevators, New HVAC.

Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06340-0060
Land Assessment
$454,008 CAD (2024)
Improvements Assessment
$4,690,157 CAD (2024)
Total Assessment
$5,144,166 CAD (2024)
  • Listing ID: 27927124

  • Date on Market: 2023-03-08

  • Last Updated:

  • Address: 1435 86th St, Brooklyn, NY 11228

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