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.
For sale
$2,450,000
8502 5th Ave, Brooklyn, NY 11209
--beds
0baths
7,476sqft
Mixed Use
Built in 1921
2,057 Square Feet Lot
$2,240,700 Zestimate®
$328/sqft
$-- HOA
What's special
Abundant natural lightMaximum exposureEnhanced street presenceCorner propertyExcellent visibility
- 204 days
- 215
- 8
Zillow last checked:
Listing updated:
Listed by:
RE/MAX Edge 718-612-3088,
Renzhang Danny Dong 929-291-9897
Source: BNYMLS,MLS#: 499863
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Natural Gas, Steam/Radiator
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Tile
- Basement: Finished,Full
Interior area
- Total structure area: 7,476
- Total interior livable area: 7,476 sqft
Property
Parking
- Parking features: None
Features
- Stories: 4
Lot
- Size: 2,057 Square Feet
- Dimensions: 22x91
- Features: Back Yard, Irregular Lot
Details
- Foundation area: 1760
- Parcel number: 060350040
- Zoning: R6B
- Special conditions: Arm's Length
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Block, Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- Year built: 1921
Utilities & green energy
- Electric: 110 V, 220 Volts
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $328/sqft
- Tax assessed value: $1,130,000
- Annual tax amount: $61,558
- Date on market: 3/26/2026
- Cumulative days on market: 205 days
- Total actual rent: 23700
Estimated market value
$2,240,700
$2.13M - $2.35M
$4,428/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Listed for sale | $2,450,000+24499900%$328/sqft |
Source: | ||
| 10/16/2016 | Listing removed | $1,200-42.9% |
Source: Zillow Rental Manager Report a problem | ||
| 4/2/2015 | Listing removed | $2,100 |
Source: Kevin 917 533 7834 Report a problem | ||
| 2/1/2015 | Listed for rent | $2,100 |
Source: Kevin 9175337834 Report a problem | ||
| 9/28/2010 | Sold | $10 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $66,571 +7.5% | $508,500 -20% |
| 2024 | $61,952 | $635,850 +7.8% |
| 2023 | -- | $589,950 +1.2% |
| 2022 | -- | $582,750 +25% |
| 2021 | -- | $466,200 -20% |
| 2020 | $51,348 +8% | $582,840 |
| 2019 | $47,545 | $582,840 +65.1% |
| 2018 | -- | $352,947 |
| 2017 | $44,891 -0.3% | $352,947 +3.2% |
| 2016 | $45,022 | $342,007 +8% |
| 2015 | $45,022 +151.7% | $316,674 +8% |
| 2014 | $17,885 | $293,217 |
Find assessor info on the county website





