Address
8502 5th Avenue, Brooklyn, NY
Price
$ 2,450,000
Property Attributes
- MLS#499863
- TypeMixed Use
- Listing Status Active
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodBay Ridge
- Zip11209
- StyleMixed Use
- Year Built1921
- Taxes$ 61558
- Price$ 2,450,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7476
- Lot Size0.047222 Acres
Data Source:
Brooklyn MLS (BNYMLS)
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.
| Price History | |
|---|---|
| 3/26/2026 | Listed $2,450,000 |
General Features
| Roof | Flat |
|---|---|
| Zoning | R6B |
| Electric | 110 V,220 V |
| Stories Count | 4 |
| Property Type | Mixed Use |
| Block | 6035 |
| Lot Number | 40 |
| Yearly Taxes | 61558.00 |
| Transaction Type | Sale |
| Miscellaneous Expense | 12849.00 |
| Insurance Expense | 14278.00 |
| Utility Expense | 2693.00 |
| Gross Expense | 38192.00 |
| Financing | 1031 Exchange,Bank Mortgage,Cash |
| Building Type | Semi-Detached |
| Gross Income | 284400 |
| Status | Active |
| Fuel Expense | 24105.00 |
| Construction Materials | Brick |
| Cumulative Days on Market | 174 |
| MLS Area | Bay Ridge |
| Sub Type | Mixed Use |
| Year Built | 1921 |
| City | Brooklyn |
| Borough | Brooklyn |
| Number Of Stores | 2 |
| DOM | 174 |
| Sale Type | Arm's Length |
| # Families | 6 |
| Public Remarks | 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 visi |
Interior Features
| Heating Fuel | Gas |
|---|---|
| Walls | Block |
| Flooring | Hardwood,Tile |
| Hot Water | Gas |
| Unit Count | 8 |
| Sq Ft Total | 7476 |
| Lavatories | None |
| Basement Amenities | Finished,Full |
| Commercial Features Exterior | None |
| Commercial Features Interior | None |
Exterior Features
| Exterior | Brick |
|---|---|
| Yard | Back |
| Foundation | Poured Concrete |
| Lot Sq Ft | 2057 |
| Loading Docks | None |
| Building Length | 80.00 |
| Building Width | 22.00 |
| Property Panorama YN | Yes |
| Lot Size Length | 91 |
| Lot Size Width | 22 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Mixed Use Average in 11209
Price
Taxes
Year Built
Visits
In The Neighborhood
Brooklyn
$ 1,999,000
- Type
- Mixed Use
- Size
- 3,135 SqFt
- Rooms
- 0 Beds + 0 Baths
Listed by: Ben Bay Realty Co of Bay Ridge
Brooklyn
$ 1,600,000
- Type
- Mixed Use
- Size
- 2,292 SqFt
- Rooms
- 0 Beds + 0 Baths
Listed by: Empire State Realty Group
Brooklyn
$ 1,850,000
- Type
- Mixed Use
- Size
- 2,925 SqFt
- Rooms
- 0 Beds + 0 Baths
Listed by: E Realty International Corp
Brooklyn
$ 1,575,000
- Type
- Mixed Use
- Size
- 2,304 SqFt
- Rooms
- 0 Beds + 0 Baths
Listed by: RE/MAX Real Estate Professiona
Brooklyn
$ 1,950,000
- Type
- Mixed Use
- Size
- 3,998 SqFt
- Rooms
- 0 Beds + 0 Baths
Listed by: Momentum Real Estate LLC
All Data is Copyright © 2026 BNYMLS Inc. All Rights Reserved. Information is deemed reliable, but not guaranteed and should be independently verified.
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