8707 5th Ave Brooklyn, NY 11209
Fort Hamilton NeighborhoodEstimated payment $14,200/month
Highlights
- Wood Flooring
- 4-minute walk to 86 Street (R Line)
- Hot Water Heating System
- P.S./I.S. 104 The Fort Hamilton School Rated A-
- Multiple cooling system units
- Back Yard
About This Home
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.
Property Details
Property Type
- Other
Est. Annual Taxes
- $38,000
Year Built
- Built in 1925
Lot Details
- 2,325 Sq Ft Lot
- Lot Dimensions are 116 x 20
- Back Yard
- Property is zoned R6B
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 4,800 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Utilities
- Multiple cooling system units
- Hot Water Heating System
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 6051
Community Details
Overview
- 5 Units
Building Details
- Fuel Expense $6,000
- Insurance Expense $8,000
- Utility Expense $600
- Gross Income $172,584
- Net Operating Income $119,984
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 | $38,977 | $532,800 | $6,300 | $526,500 |
| 2025 | $36,095 | $454,950 | $6,300 | $448,650 |
| 2024 | $36,095 | $408,150 | $6,300 | $401,850 |
| 2023 | $32,794 | $378,900 | $6,300 | $372,600 |
| 2022 | $30,664 | $383,850 | $6,300 | $377,550 |
| 2021 | $30,744 | $354,150 | $6,300 | $347,850 |
| 2020 | $14,465 | $391,500 | $6,300 | $385,200 |
| 2019 | $28,010 | $391,500 | $6,300 | $385,200 |
| 2018 | $26,926 | $205,639 | $2,768 | $202,871 |
| 2017 | $24,520 | $192,786 | $2,982 | $189,804 |
| 2016 | $24,854 | $192,786 | $3,160 | $189,626 |
| 2015 | $13,592 | $184,505 | $3,237 | $181,268 |
| 2014 | $13,592 | $170,838 | $3,308 | $167,530 |
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 |
|---|---|---|---|---|
| 08/20/2026 08/20/26 | Price Changed | $1,990,000 | -5.2% | $415 / Sq Ft |
| 04/27/2026 04/27/26 | For Sale | $2,100,000 | -- | $438 / 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 | $1,500,000 | -- | |
| Deed | $1,500,000 | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $308,221 | Unknown | |
| Previous Owner | $725,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 500911
APN: 06051-0006
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The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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