8502 5th Avenue, Brooklyn, New York 11209

$2,450,000
7,476
SqFt

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List Price
$2,450,000
Status
ACTIVE
Days on Market
163
MLS#
499863
Year Built
1921
Living Area
7,476
Lot Size
2,057
MLS Area Major
Bay Ridge

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.

Additional Information

Taxes
$61,558
Financing
1031 Exchange, Bank Mortgage, Cash
Zoning
R6B
Flooring
Hardwood, Tile
Heating
Gas
Exterior Features
Brick
Stories
4
Roof
Flat
Foundation
Poured Concrete

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy Of RE/MAX Edge