14.1 Million for 86th St. Property in Bay Ridge

531 86th Street in Bay Ridge sold for 14.1 Million. (Info here)
That’s a good price, especially during Covid-19.
This property includes the former location of NY & Company, the old Modell’s (now closed) and Spectrum (which opened where Panera used to be).
Don’t count 86th Street out just because Century’s is closing today!
This year, Sephora opened down the block from this location and the Victoria Secret Store opened as a lower cost VS Store after the initial Covid-19 breakout. Both bring a good amount of traffic to the area.
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Hugs,
marlene
Topics: Uncategorized | 2 Comments »










December 8th, 2020 at 8:39 am
What is the zoning for this property? Might be a good spot for an apartment building or hotel.
December 10th, 2020 at 12:02 pm
Is TJ Maxx closing its 86th street store? That’s the story that’s going around.