8325 5th Ave Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated payment $23,079/month
Highlights
- 7,047 Sq Ft lot
- 5-minute walk to 86 Street (R Line)
- 3-minute walk to Tom McDonald Triangle
- P.S. 127 McKinley Park Rated A
- Wood Flooring
About This Home
Prime Brooklyn Location: High foot / vehicle traffic corner of 84 St & 5 Ave in Bay Ridge, Bosting 6 residential units and 4 coveted commercial storefronts,2 two bedrooms apts and 4 one bedroom apts, Also a parking lot with a stable income ,With a NET Annual Income of $220,000 (6.35%), lot size of 26*110"IRR 7,047sq, Building 26*109 8,502sq, Surrounded by an array of stores, restaurants, health clinics, and more. Residents and businesses alike will appreciate the convenience of nearby transportation options, including the R train. this property belongs in the portfolio of any astute investor. Its' highly desirable and central location ensures proximity to trains and public transportation, enhancing the strength of the asset.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $58,415
Year Built
- Built in 1925
Home Design
- Stucco
Additional Features
- Wood Flooring
- Basement Fills Entire Space Under The House
- 7,047 Sq Ft Lot
- Heating System Uses Natural Gas
Community Details
- Bay Ridge Community
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 | $56,139 | $551,700 | $199,800 | $351,900 |
| 2024 | $56,139 | $549,000 | $199,800 | $349,200 |
| 2023 | $55,553 | $625,950 | $199,800 | $426,150 |
| 2022 | $53,644 | $583,650 | $199,800 | $383,850 |
| 2021 | $43,166 | $403,650 | $199,800 | $203,850 |
| 2020 | $26,466 | $487,800 | $199,800 | $288,000 |
| 2019 | $53,416 | $508,050 | $199,800 | $308,250 |
| 2018 | $55,152 | $510,750 | $199,800 | $310,950 |
| 2017 | $54,315 | $539,100 | $199,800 | $339,300 |
| 2016 | $52,465 | $528,300 | $199,800 | $328,500 |
| 2015 | $19,370 | $535,950 | $199,800 | $336,150 |
| 2014 | $19,370 | $479,700 | $199,800 | $279,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2026 03/09/26 | For Sale | $3,500,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,480,000 | -- | |
| Deed | $2,480,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,200,000 | Commercial | |
| Closed | $1,200,000 | Commercial |
Source: NY State MLS
MLS Number: 11669680
APN: 06019-0001
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