8502 5th Avenue, Brooklyn, New York 11209
- $2,450,000
- 7,476
- SqFt
- List Price
- $2,450,000
- Status
- ACTIVE
- MLS#
- 499863
- Sq. Ft
- 7,476
- Year Built
- 1921
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.
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Additional Information
- Lot Size
- 2,057
- Stories
- 4
- Heat Source
- Gas
- Year Built
- 1921
- Zoning
- R6B
- Sale Type
- Arm's Length
- Bank Financing
- 1031 Exchange, Bank Mortgage, Cash
- Building Type
- Semi-Detached
- Year Built
- 1921
- Basement
- Finished, Full
- Lot Dimensions
- 91 x 22
- Building Dimensions
- 80.00 x 22.00
- Estimated Yearly Tax Amount
- $61,558
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Listing courtesy of RE/MAX Edge.