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.
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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