12-Family (8 Stabilized / 4 Free Market) + Large Storefront — Prime 5th Ave Location
FOR SALE – PRIME BAY RIDGE MIXED-USE CORNER BUILDING
7823–7825 5th Avenue a.k.a. 509 79th Street, Brooklyn, NY 11209
Exceptional opportunity to acquire a well-located mixed-use income property in the heart of Bay Ridge’s established retail corridor. This prominent corner building features 12 residential apartments over a large ground-floor retail space with a full basement, offering immediate income and significant upside potential.
The property currently produces stable residential income. The commercial space has recently been vacated, allowing a new owner to lease at current market rents and substantially increase NOI.
Property Details
• 12 Residential Units
• 8 One-Bedrooms
• 4 Two-Bedrooms
• Ground Floor Retail: approx. 3,000 SF
• Full Basement: approx. 3,000 SF
• Corner frontage with excellent visibility
• Heavy pedestrian and vehicle traffic
A rare mixed-use asset delivering scale, visibility, and long-term value.
For additional information or to schedule a private showing, please contact the broker.
Active
$4,399,999
7823 5th Ave #1, Brooklyn, NY 11209
15beds
14,074sqft
Rental Unit
Built in 1925
-- sqft lot
$-- Zestimate®
$313/sqft
$-- HOA
What's special
Prominent corner buildingCorner building
- 201 days
- 223
- 5
Zillow last checked:
Listing updated:
Listed by:
Bella Realty Corp of NY 917-337-3111,
John Candela
Source: StreetEasy,MLS#: S1811970
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 15
- Full bathrooms: 15
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 14,074
- Total interior livable area: 14,074 sqft
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Rental Unit
Condition
- Year built: 1925
Community & HOA
Community
- Subdivision: Bay Ridge
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $313/sqft
- Date on market: 2/20/2026
Estimated market value
Not available
Estimated sales range
Not available
$3,091/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Price change | $4,399,999-4.3%$313/sqft |
Source: StreetEasy #S1811970 Report a problem | ||
| 2/20/2026 | Listed for sale | $4,600,000$327/sqft |
Source: StreetEasy #S1811970 Report a problem | ||
Public tax history
Tax history is unavailable.






