8502 5th Ave Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated payment $18,583/month
Highlights
- Wood Flooring
- 3-minute walk to 86 Street (R Line)
- Back Yard
- P.S./I.S. 104 The Fort Hamilton School Rated A-
- Heating System Uses Steam
- 4-minute walk to Tom McDonald Triangle
About This Home
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.
Property Details
Property Type
- Other
Est. Annual Taxes
- $61,558
Year Built
- Built in 1921
Lot Details
- 2,057 Sq Ft Lot
- Lot Dimensions are 91 x 22
- Irregular Lot
- Back Yard
- Property is zoned R6B
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Block Wall
Interior Spaces
- 7,476 Sq Ft Home
- 4-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 6035
Community Details
Overview
- 6 Units
Building Details
- Fuel Expense $24,105
- Insurance Expense $14,278
- Utility Expense $2,693
- Gross Income $284,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $63,563 | $502,650 | $14,850 | $487,800 |
| 2025 | $61,952 | $508,500 | $14,850 | $493,650 |
| 2024 | $61,952 | $635,850 | $14,850 | $621,000 |
| 2023 | $56,285 | $589,950 | $14,850 | $575,100 |
| 2022 | $56,015 | $582,750 | $14,850 | $567,900 |
| 2021 | $54,540 | $466,200 | $14,850 | $451,350 |
| 2020 | $24,826 | $582,840 | $14,850 | $567,990 |
| 2019 | $47,809 | $582,840 | $14,850 | $567,990 |
| 2018 | $45,853 | $352,947 | $7,194 | $345,753 |
| 2017 | $44,891 | $352,947 | $8,266 | $344,681 |
| 2016 | $44,092 | $342,007 | $8,486 | $333,521 |
| 2015 | $17,885 | $316,674 | $8,407 | $308,267 |
| 2014 | $17,885 | $293,217 | $8,601 | $284,616 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/26/2026 03/26/26 | For Sale | $2,450,000 | -- | $328 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 499863
APN: 06035-0040
- 478 85th St
- 480 84th St
- 8325 5th Ave
- 8707 5th Ave
- 558 84th St
- 8502 Fort Hamilton Pkwy Unit 2H
- 8502 Fort Hamilton Pkwy Unit 6E
- 439 84th St
- 411 88th St
- 547 83rd St
- 561 83rd St
- 447 83rd St
- 361 86th St Unit 11
- Withheld Withheld Blvd
- 359 88th St
- 348 86th St
- 341 86th St
- 8112 6th Ave
- 46 Gatling Place
- 418 82nd St
- 518 86th St Unit 3
- 8701 5th Ave
- 8701 5th Ave
- 8701 5th Ave
- 531 83rd St
- 531 83rd St
- 8216 5th Ave
- 439 83rd St Unit 1B
- 439 83rd St Unit 1A
- 531 82nd St
- 355 85th St
- 358 89th St
- 358 89th St
- 358 89th St
- 315 87th St
- 315 87th St
- 8020 5th Ave Unit Spacious3bedroominBa
- 536 80th St Unit 1
- 9020 5th Ave
- 9020 5th Ave
Ask me questions while you tour the home.