8502 5th Avenue

Brooklyn, NY 11209
Square Ft.
7,476
$2,450,000
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,Read MoreRead Less
Courtesy of Renzhang Danny Dong, RE/MAX Edge 718-612-3088
Listing Snapshot | Source HomeJunction
Days Online
10
Last Updated
Property Type
Other
Square Ft.
7,476
Lot Size
0.05 Acres
Year Built
1921
MLS Number
499863
30 Days Snapshot Of 11209
$970k
-6%
(avg) sold price
14
0%
homes sold
206
-8%
(avg) days on market
Snapshot
Area Map
Additional Details | Source HomeJunction
Basement
Finished, Full
Building
Built in 1921, 1,760 building footprint sqft, 7,476 total sqft, 6 families, 2 stories, Brick, Block
Expenses
Gross expense: $38,192, Fuel expense: $24,105, Insurance expense: $14,278, Utility expense: $2,693, Miscellaneous expense: $12,849
Exterior Features
Brick
Floors
Hardwood, Tile
Foundation
Poured Concrete
Heating
Gas, Gas, Steam/Radiator
Income
Gross income: $284,400, Rent income: $23,700
Lot
2,057 Sqft, Length: 91, Width: 22
Property
Zoning: R6B
Roof
Flat
Taxes
Tax amount: $61,558
Utilities
110 V, 220 V
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Emmanuel Victor
CEO & Broker
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