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For sale
  • $2,450,000

    8502 5th Ave, Brooklyn, NY 11209

    --beds
    0baths
    7,476sqft
    Loading
    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
    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.
    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#: 499863MLS Logo

      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

        DateEventPrice
        3/26/2026Listed for sale$2,450,000+24499900%$328/sqft
        Source: BNYMLS #499863 Report a problem
        10/16/2016Listing removed$1,200-42.9%
        Source: Zillow Rental Manager Report a problem
        4/2/2015Listing removed$2,100
        Source: Kevin 917 533 7834 Report a problem
        2/1/2015Listed for rent$2,100
        Source: Kevin 9175337834 Report a problem
        9/28/2010Sold$10
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Bay Ridge

        Getting around

        98 / 100
        Walker's Paradise
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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