509 80th St Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated payment $9,927/month
Highlights
- Wood Flooring
- Multiple cooling system units
- Front Yard
- Junior High School 259 William McKinley Rated A
- Heating System Uses Steam
- 5-minute walk to Dan Ross Playground
About This Home
Welcoming this exceptional mixed-use property that features two storefronts and 2-families in the most desirable neighborhood, Bay Ridge. The neighborhood is known for its vibrant shopping, convenient options within a short distance, and excellent transportation access, such as the R train and the bus stops for B70, B63, S53, and S93. With its strategic positioning, this property offers a yearly gross income of $83,280 with the 1-bedroom apartments upstairs of $2000-$2100 monthly rent. The property attracts a steady flow of foot traffic, enhancing the value for both residential and commercial tenants. Other features include a new boiler, a new hot water tank, a new roof, new windows for the top apartment, and new electrical meters and panels. The condition of the units is excellent, providing a ready-to-occupy opportunity for investors or homeowners looking to capitalize on this highly sought-after area. Won't last!
Property Details
Property Type
- Other
Est. Annual Taxes
- $19,480
Year Built
- Built in 1930
Lot Details
- 774 Sq Ft Lot
- Lot Dimensions are 32 x 24
- Front Yard
- Property is zoned R6B
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Rubber Roof
Interior Spaces
- 2,304 Sq Ft Home
- 3-Story Property
- Sheet Rock Walls or Ceilings
- Ceiling height between 8 to 10 feet
Flooring
- Wood
- Tile
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5981
Community Details
Overview
- 2 Units
Building Details
- 2 Vacant Units
- Fuel Expense $4,100
- Insurance Expense $3,600
- Utility Expense $730
- Gross Income $85,680
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,048 | $235,350 | $67,050 | $168,300 |
| 2024 | $18,048 | $196,200 | $67,050 | $129,150 |
| 2023 | $16,397 | $226,800 | $67,050 | $159,750 |
| 2022 | $12,265 | $283,500 | $67,050 | $216,450 |
| 2021 | $15,888 | $333,270 | $67,050 | $266,220 |
| 2019 | $14,005 | $269,460 | $67,050 | $202,410 |
| 2018 | $13,078 | $102,819 | $30,701 | $72,118 |
| 2017 | $13,078 | $102,819 | $35,300 | $67,519 |
| 2016 | $12,844 | $99,629 | $36,207 | $63,422 |
| 2015 | $7,750 | $92,251 | $35,889 | $56,362 |
| 2014 | $7,750 | $85,419 | $36,678 | $48,741 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/22/2025 12/22/25 | For Sale | $1,599,000 | -- | $694 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 497952
APN: 05981-0080
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