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8502 5th Ave, Brooklyn, NYC

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$2,450,000
Active 229 days on market
MLS# 499863

8502 5th Ave

📍 Brooklyn, Brooklyn, NY 11209

12.0
Beds
6.0
Baths
7,476
Sqft
$328
Per sqft
1921
Year built
Co-op
Type

About this property

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-pro
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Amenities & features

CORNER PROPERTYRETAIL STORESRESIDENTIAL UNITSSTRONG INCOME POTENTIALEXCELLENT VISIBILITYHIGHLY TRAFFICKED AVENUE

Key facts

Retail stores
Residential units
Excellent visibility

Property details

Property typeCo-op
Listing statusActive
Lot size2,057 sqft
Year built1921
Days on market229 days
MLS #499863

Estimated monthly payment

Listing price$2,450,000
Down payment (20%)$490,000
Loan amount$1,960,000
Principal & interest (7%, 30yr)$13,039/mo
Property tax (est.)$2,382/mo
Home insurance (est.)$1,020/mo
Estimated total$16,441/mo

Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.

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