Active

Price cut: $110K (8/20)

$1,990,000

8707 5th Ave, Brooklyn, NY 11209

7beds

4,800sqft

Mixed Use

Built in 1925

-- sqft lot

$-- Zestimate^®

$415/sqft

$-- HOA

What's special

Prime Bay Ridge Mixed-Use Investment Opportunity! Welcome to 8707 5th Avenue, a solid brick, fully attached mixed-use building in the heart of vibrant Bay Ridge, Brooklyn. Built in 1925, this property sits on a generous 20 × 116 lot with a building size of 20 × 80, offering excellent space and income potential. The property features 5 residential units plus a commercial storefront, totaling 7 bedrooms and 5 bathrooms, making it ideal for investors or end-users seeking strong rental income with upside potential. Located on bustling 5th Avenue, this property benefits from high foot traffic, excellent visibility, and proximity to shops, restaurants, transportation, and all neighborhood amenities. Perfect for investors looking for stable income, value-add potential, and long-term appreciation in one of Brooklyn’s most desirable neighborhoods.

121 days
229
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 5
Full bathrooms: 5

Features

Has fireplace: No

Interior area

Total structure area: 4,800
Total interior livable area: 4,800 sqft

Property

Details

Parcel number: 060510006
Special conditions: Resale

Construction

Type & style

Home type: SingleFamily
Property subtype: Mixed Use

Condition

Year built: 1925

Community & HOA

Community

Subdivision: Fort Hamilton

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $415/sqft
Tax assessed value: $1,011,000
Annual tax amount: $38,786
Date on market: 5/4/2026

Estimated market value

Not available

Estimated sales range

Not available

$7,867/mo

Price history

Date	Event	Price
8/20/2026	Price change	$1,990,000-5.2%$415/sqft
Source: BNYMLS #500911 Report a problem
5/4/2026	Listed for sale	$2,100,000$438/sqft
Source: StreetEasy #S1825974 Report a problem
5/3/2026	Contingent	$2,100,000$438/sqft
Source: StreetEasy #S1825974 Report a problem
4/27/2026	Listed for sale	$2,100,000+40%$438/sqft
Source: BNYMLS #500911 Report a problem
2/24/2020	Sold	$1,500,000-50%$313/sqft
Source: Public Record Report a problem
6/22/2019	Listing removed	$2,999,999$625/sqft
Source: Momentum Real Estate LLC Report a problem
2/13/2019	Listed for sale	$2,999,999+100%$625/sqft
Source: Momentum Real Estate LLC Report a problem
12/2/2014	Sold	$1,500,000+837.5%$313/sqft
Source: Public Record Report a problem
1/10/2014	Listing removed	$160,000$33/sqft
Source: Success Trade /Success Trade Realty Report a problem
12/20/2013	Listed for sale	$160,000-90.6%$33/sqft
Source: Success Trade /Success Trade Realty Report a problem
11/23/2013	Listing removed	$2,800$1/sqft
Source: Success Trade /Success Trade Realty Report a problem
11/19/2013	Listing removed	$1,699,000$354/sqft
Source: Weichert, Realtors� Report a problem
11/5/2013	Listed for rent	$2,800$1/sqft
Source: Success Trade /Success Trade Realty Report a problem
9/21/2013	Listed for sale	$1,699,000$354/sqft
Source: The Franzese Group Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$38,786 +7.5%	$454,950 +11.5%
2024	$36,095	$408,150 +7.7%
2023	--	$378,900 -1.3%
2022	--	$383,850 +8.4%
2021	--	$354,150 -9.5%
2020	$29,917 +8%	$391,500
2019	$27,701	$391,500 +90.4%
2018	--	$205,639 +6.7%
2017	$24,520 -4.2%	$192,786
2016	$25,607	$192,786 +4.5%
2015	$25,607 +88.4%	$184,505 +8%
2014	$13,592	$170,838