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Foot Locker 2061-2063 86th St 8,200 SF Retail Building Brooklyn, NY 11214 $8,949,785 CAD ($1,091.44 CAD/SF) 6% Cap Rate



EXECUTIVE SUMMARY
• Located on the “right side of the street” on one of the busiest retail blocks in Bensonhurst.
• Situated on a 40’ x 100’ plot of land, improved by a 3-story 8,280 SF retail building.
• The 3-story building includes a high ceiling retail store. The fully sprinklered second floor and basement are
used for storage allowing the first floor to be used exclusively for selling space. The third floor is not used.
• Currently occupied by Foot Locker Retail, Inc. on a net lease that runs thru January 2031.
• The extension beginning February 2026 was very recently negotiated and executed. Foot Locker has been a
tenant there since 2010.
• While Foot Locker has been closing underperforming stores, they have elected to extend their occupancy at
this location. Foot Locker has over 2,000 stores and is preparing for its merger with DICK’S Sporting Goods
to strengthen its competitive position.
• Surrounded by multiple bus stops. Subway entrance is down the block by 20th Avenue. Municipal Parking lot
is directly across the street. High vehicular, subway and pedestrian counts.
• Neighboring tenants include Bank of America, Chipotle, TD Bank, City MD, two Chase Banks, Citibank, AT&T,
Carter’s/OshKosh, Gap and many other national and local retailers, restaurants, banks, and health care facilities.
• The available/unused air rights for residential, commercial or community facility use further enhance the
opportunity.
• Situated on a 40’ x 100’ plot of land, improved by a 3-story 8,280 SF retail building.
• The 3-story building includes a high ceiling retail store. The fully sprinklered second floor and basement are
used for storage allowing the first floor to be used exclusively for selling space. The third floor is not used.
• Currently occupied by Foot Locker Retail, Inc. on a net lease that runs thru January 2031.
• The extension beginning February 2026 was very recently negotiated and executed. Foot Locker has been a
tenant there since 2010.
• While Foot Locker has been closing underperforming stores, they have elected to extend their occupancy at
this location. Foot Locker has over 2,000 stores and is preparing for its merger with DICK’S Sporting Goods
to strengthen its competitive position.
• Surrounded by multiple bus stops. Subway entrance is down the block by 20th Avenue. Municipal Parking lot
is directly across the street. High vehicular, subway and pedestrian counts.
• Neighboring tenants include Bank of America, Chipotle, TD Bank, City MD, two Chase Banks, Citibank, AT&T,
Carter’s/OshKosh, Gap and many other national and local retailers, restaurants, banks, and health care facilities.
• The available/unused air rights for residential, commercial or community facility use further enhance the
opportunity.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,200 SF
Building Class
C
Year Built/Renovated
1932/2010
Price
$8,949,785 CAD
Price Per SF
$1,091.44 CAD
Cap Rate
6%
NOI
$536,987 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
2.05
Lot Size
0.09 AC
Zoning
C4-2 - 2 General commercial contextual zoning district
Frontage
44’ on 86th ST
AMENITIES
- Bus Line
- Commuter Rail
- Metro/Subway
- Signage
- Air Conditioning
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06346-0054 | Improvements Assessment | $2,627,106 CAD |
| Land Assessment | $156,139 CAD | Total Assessment | $2,783,245 CAD |
PROPERTY TAXES
Parcel Number
06346-0054
Land Assessment
$156,139 CAD
Improvements Assessment
$2,627,106 CAD
Total Assessment
$2,783,245 CAD
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Foot Locker | 2061-2063 86th St
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