7823 5th Avenue, Brooklyn, NY 11209

$4,399,999
Active for Sale
 
Listing ID 11659306
Property Type Commercial Building
County Kings
Township Kings
Neighborhood Bay Ridge
School NEW YORK CITY GEOGRAPHIC DISTRICT #20
Tax ID 3-05971-0001
FEMA Flood Map fema.gov/portal
Year Built 1925
   
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12-Family + Large Storefront on 5th Ave Prime Spot

12-Family (8 Stabilized / 4 Free Market) + Large Storefront - Prime 5th Ave Location FOR SALE - PRIME BAY RIDGE MIXED-USE CORNER BUILDING 7823-7825 5th Avenue a.k.a. 509 79th Street, Brooklyn, NY 11209 Exceptional opportunity to acquire a well-located mixed-use income property in the heart of Bay Ridge's established retail corridor. This prominent corner building features 12 residential apartments over a large ground-floor retail space with a full basement, offering immediate income and significant upside potential. The property currently produces stable residential income. The commercial space has recently been vacated, allowing a new owner to lease at current market rents and substantially increase NOI. Property Details 12 Residential Units 8 One-Bedrooms 4 Two-Bedrooms Ground Floor Retail: approx. 3,000 SF Full Basement: approx. 3,000 SF Corner frontage with excellent visibility Heavy pedestrian and vehicle traffic A rare mixed-use asset delivering scale, visibility, and long-term value. For additional information or to schedule a private showing, please contact the broker. Prime Mixed-Use Income Producer
Property Details
  • 15 Full Baths
  • 10700 SF (AG)
  • 3563 SF Lot
  • Built in 1925
  • Renovated 2015
  • 4 Stories
  • Available 2/19/2026
  • Full Basement
  • 3 Lower Level SF
  • Lower Level: Unfinished
Unit Information
Unit #1Storefront Retail/Office, Gross Area: 2800, Unit Count: 1
Interior Features
  • Hardwood Flooring
  • Alarm System
  • Steam Radiators
  • Gas Fuel
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Flat Roof
  • Municipal Water
  • Municipal Sewer
Community Details
  • Walk-up (Bldg. Style)
Commercial Info
  • Uses: R6B, C1-3
Income/Expenses
  • Insurance Exp $18,500
  • Heat Exp $13,500
  • Electric Exp $1,500
  • Water Exp $9,000
  • Paid by Landlord: Heat, Insurance, Ord. Maint., Struct. Maint.
Listed By
BELLA REALTY CORP OF NY
Office: 917-337-3111
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