509 80th St, Brooklyn, NY 11209
MULTI_FAMILY - Other - Brooklyn, NY
- Added:
- Jun 1, 2026
- Days on Market:
- 37
- Last Refresh:
- Jul 7 at 3:06 am
Property Features for 509 80th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 1
- Standard status
- Active
- Size
- 2,304 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 19298
Utilities
- Heating system
- Steam, Natural Gas
Building Details
- Year built
- 1930
- Floors in Building
- 3
- Flooring type
- Hardwood
- Building materials
- Brick
- Architectural style
- Other
Listing agent Vito Angelo License #40AN0957928 (718) 887-5708
Listing office REMAX REAL ESTATE PROFESSIONALS 6423 11th AVE, BROOKLYN, NY (718) 887-5708
Listing date Jun 1, 2026
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Brick mixed‑use building built in 1930 with hardwood flooring.
- Configured as a 2‑bedroom unit on the 3rd floor over another 2‑bedroom unit on the 2nd floor.
- Two separate ground‑level storefronts with units over a full basement and walk‑in level.
- Recent improvements include a new boiler, new hot water tank, new roof, and new electrical meters and panels.
- Heating includes steam and natural gas.
- Includes multiple bedrooms and bathrooms across the residential units (Bedroom 1‑4; Bathroom 1‑4).
Overview
Located in Bay Ridge on 80th St, the property is described as being just off 5th Ave in a high-traffic area with nearby shopping and transportation. The surrounding commercial environment supports a mixed-use setup with street-level retail and above retail living space.
The current configuration should appeal to buyers looking for a live-and-work style property, a multi-income mixed-use hold, or an owner-operator arrangement with retail on the ground level and residential units above. The building is reported to be in excellent, well-maintained condition, with notable upgrades including a new boiler, a new hot water tank, a new roof, and new electrical meters and panels, along with some newer windows.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $179.2k | $77.76 |
| − Vacancy | −$21.3k | −$9.25 |
| EGI | $157.8k | $68.51 |
| − OpEx | −$47.4k | −$20.55 |
| NOI | $110.5k | $47.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.023838
- Latitude
- 40.625745
