Active

$2,450,000

8502 5th Ave, Brooklyn, NY 11209

12beds

7,476sqft

Mixed Use

Built in 1921

-- sqft lot

$2,357,900 Zestimate^®

$328/sqft

$-- HOA

What's special

Abundant natural lightEnhanced street presenceCorner property

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.

108 days

263

4

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 8
Full bathrooms: 8

Features

Has fireplace: No

Interior area

Total structure area: 7,476
Total interior livable area: 7,476 sqft

Property

Details

Parcel number: 060350040
Special conditions: Resale

Construction

Type & style

Home type: SingleFamily
Property subtype: Mixed Use

Condition

Year built: 1921

Community & HOA

Community

Subdivision: Bay Ridge

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $328/sqft
Tax assessed value: $1,130,000
Annual tax amount: $66,571
Date on market: 3/27/2026

Estimated market value

$2,357,900

$2.24M - $2.48M

$4,905/mo

Price history

Date	Event	Price
3/26/2026	Listed for sale	$2,450,000+24499900%$328/sqft
Source: BNYMLS #499863 Report a problem
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

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.

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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