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8707 5th Ave, Brooklyn, NYC

Home › Listings › Brooklyn › 8707 5th Ave

$1,990,000
Active 197 days on market
MLS# 500911

8707 5th Ave

📍 Brooklyn, Brooklyn, NY 11209

7.0
Beds
5.0
Baths
4,800
Sqft
$415
Per sqft
1925
Year built
Co-op
Type

About this property

Net Income $119,984. 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, transporta
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Amenities & features

MIXED-USE BUILDINGCOMMERCIAL STOREFRONTHIGH FOOT TRAFFICEXCELLENT VISIBILITYPROXIMITY TO SHOPSPROXIMITY TO RESTAURANTS

Key facts

Excellent visibility
Mixed-use building
High foot traffic

Property details

Property typeCo-op
Listing statusActive
Lot size2,325 sqft
Year built1925
Days on market197 days
MLS #500911

Estimated monthly payment

Listing price$1,990,000
Down payment (20%)$398,000
Loan amount$1,592,000
Principal & interest (7%, 30yr)$10,591/mo
Property tax (est.)$1,935/mo
Home insurance (est.)$829/mo
Estimated total$13,355/mo

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

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