8502 5th AVE, Brooklyn, NY 11209
8502 5th AVE, Brooklyn, NY 11209
8502 5th AVE, Brooklyn, NY 11209
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$2,450,000
Est. payment /mo
7,476 SqFt
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Key Details

Property Type Mixed Use

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,476 sqft

Price per Sqft $327

MLS Listing ID 499863

Year Built 1921

Annual Tax Amount $61,558

Property Sub-Type Mixed Use

Property Description

Prime mixed-use investment opportunity in the heart of Bay Ridge! This impressive corner property features 2 retail stores plus 6 residential units, offering strong income potential and excellent visibility. Situated on a highly trafficked avenue, the property benefits from maximum exposure, steady foot traffic, and convenient access to shopping, dining, and public transportation. The residential units provide consistent rental income, while the retail spaces add valuable commercial upside. Corner positioning allows for abundant natural light and enhanced street presence, making this a standout asset for both investors and end-users—a rare opportunity to own a well-located, income-producing property in one of Brooklyn's most desirable neighborhoods.

Location

State NY

County Kings (brooklyn)

Area Bay Ridge

Zoning R6B

Rooms

Basement Finished, Full

Interior

Interior Features None

Hot Water Gas

Heating Gas

Flooring Hardwood, Tile

Heat Source Gas

Exterior

Exterior Feature Brick

Roof Type Flat

Handicap Access Unknown

Building

Story 4

Foundation Poured Concrete

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash


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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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