The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$3,780,000
705 86th St
Brooklyn, NY, 11228
View more Brooklyn, NY property pages4Beds
3.5Baths
12,399Sqft
$305$/sqft
Listing Notes
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!
Market Insights
Below nearby median-62%
$305/sqft vs a nearby median of $800/sqft.
Nearby median$800/sqft
Nearby properties12
Property size12,399 sqft
- -62% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 12,399 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$9.15M$8.33M – $9.98M · 50% confidence
vs ask $3.78M−$5.37M (−142.1%)
Asking price is about 142.1% below the fair value — likely to draw competing offers if it's still on market.
$777/sqft median across 10 tight comps × 12,399 sqft= $9.63M
- Days-on-market gravity−$289k −3.0%
- Sparse street life−$145k −1.5%
- Open DOB violations−$96k −1.0%
- Transit access+$48k +0.5%
Cumulative NYC adjustments−$482k−5.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 188 days
- Last price change
- No change recorded
- Listed
- Nov 5, 2025
- Photos
- 21 photos
- Property type
- multi family
- Status
- for sale
Features & Amenities
Forced AirTwo Or More StoriesInvestment OpportunityOfficeDenMedicalcare
Photos
Building Facts
- Year built
- 1994
- Stories
- 3
- Total units
- 8
- Residential units
- 2
- Building area
- 8,637 sqft
- Lot size
- 5,227 sqft
- Land use
- Commercial and office buildings
- Building class
- O2
From NYC public records where available.
Price History
May 4, 2026Initial record
$3,780,000for sale
Public Records
DOB violations25 open
26 total recorded against the building
HPD violations0 open
0 total recorded
ACRIS documents32
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)15,145
Top: illegal parking
Top complaint types in ZIP 11228
- Illegal Parking5,850
- Blocked Driveway1,396
- Noise - Residential509
- Street Condition481
- Snow or Ice384
Recent DOB
- Apr 27, 2020V-DOB VIOLATION - ACTIVE · E-ELEVATOR ELEVATORREQUIRED
- Apr 10, 2019V-DOB VIOLATION - ACTIVE · E-ELEVATOR ELEVATORREQUIRED
- Apr 5, 2019V-DOB VIOLATION - ACTIVE · EVCAT1-ELEVATOR ANNUAL INSPECTION / TEST ELEVATORREQUIRED
- Mar 28, 2018V-DOB VIOLATION - ACTIVE · E-ELEVATOR ELEVATORREQUIRED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.