8707 5th Avenue, Brooklyn, NY, 11209

Address

8707 5th Avenue, Brooklyn, NY

Listing Type

Mixed Use

Price

$ 1,990,000

Your Agent

Cary Raffle

Licensed Real Estate Associate Broker

Cell: 917-603-3813

Property Attributes

MLS#500911
TypeMixed Use
Listing Status Active
CountyKINGS
CityBrooklyn
AreaBrooklyn
NeighborhoodBay Ridge
Zip11209
StyleMixed Use
Year Built1925
Taxes$ 38000
Price$ 1,990,000
Bedrooms0
Full Bathrooms0
Half Bathrooms0
Sqr Footage4800
Lot Size0.053375 Acres

Data Source:

Brooklyn MLS (BNYMLS)

Property Description

Prime Bay Ridge Mixed-Use Investment Opportunity! Welcome to 8707 5th Avenue, a solid brick, fully attached mixed-use building in the heart of vibrant Bay Ridge, Brooklyn. Built in 1925, this property sits on a generous 20 × 116 lot with a building size of 20 × 80, offering excellent space and income potential. The property features 5 residential units plus a commercial storefront, totaling 7 bedrooms and 5 bathrooms, making it ideal for investors or end-users seeking strong rental income with upside potential. Located on bustling 5th Avenue, this property benefits from high foot traffic, excellent visibility, and proximity to shops, restaurants, transportation, and all neighborhood amenities. Perfect for investors looking for stable income, value-add potential, and long-term appreciation in one of Brooklyn’s most desirable neighborhoods.

Price History
4/27/2026	Listed $2,100,000
8/20/2026	6$1,990,000

General Features

Net Operating Income	119984.00
Roof	Flat
Zoning	R6B
Electric	110 V
Stories Count	3
Property Type	Mixed Use
Block	6051
Cap Rate	0.06
Lot Number	6
Yearly Taxes	38000.00
Transaction Type	Sale
Insurance Expense	8000.00
Utility Expense	600.00
Gross Expense	52600.00
Financing	Bank Mortgage,Cash
Building Type	Attached
Gross Income	172584
Status	Active
Fuel Expense	6000.00
Construction Materials	Brick
Cumulative Days on Market	149
MLS Area	Bay Ridge
Sub Type	Mixed Use
Year Built	1925
City	Brooklyn
Borough	Brooklyn
Number Of Stores	1
DOM	149
Sale Type	Arm's Length
# Families	5
Public Remarks	Prime Bay Ridge Mixed-Use Investment Opportunity! Welcome to 8707 5th Avenue,a solid brick,fully attached mixed-use building in the heart of vibrant Bay Ridge,Brooklyn. Built in 1925,this property s

Interior Features

Heating Fuel	Gas
Flooring	Hardwood,Tile,Other
Hot Water	Gas
Unit Count	6
Sq Ft Total	4800
AC Units	5+
Lavatories	Other
Basement Amenities	Full
Commercial Features Exterior	Other
Commercial Features Interior	Other

Exterior Features

Exterior	Brick
Yard	Back
Foundation	Poured Concrete
Lot Sq Ft	2325
Loading Docks	Other
Building Length	80.00
Building Width	20.00
Property Panorama YN	Yes
Lot Size Length	116
Lot Size Width	20
Parking Attrib	Other