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7823 5th Ave #1, Brooklyn, NY, 11209

15beds
15baths
14,074sqft
$4,399,999
$313price/sqft
$27,695/moest. monthly cost
$1,107,800/yrincome needed

About This Home

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.

Getting Around

95
WalkingWalker's Paradise
0
TransitVery Limited Transit
68
BikeBikeable

Schools

8/10
Ralph A Fabrizio SchoolGrades K-50.4 mi
7/10
Jhs 259 William MckinleyGrades 6-80.4 mi
5/10
Fort Hamilton High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1925

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 15
  • Bathrooms: 15
  • Full bathrooms: 15

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 14,074
  • Total interior livable area: 14,074 sqft

Property

Details

  • Special condition: Resale