8707 5th Avenue, Brooklyn, NY 11209
Mixed-use building with five apartments and one store for sale.
- Added:
- Feb 22, 2025
- Days on Market:
- 476
- Last Refresh:
- May 19 at 9:27 pm
Property Features for 8707 5th Avenue
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Lot size
- 0.05 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1925
Listing agent Siu Wai Cheung License #10401230791
Listing office Edward J Cuccia (212) 966-7775
Listing date Feb 22, 2025
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Edward J Cuccia
HighLights
- Prime Bay Ridge location, just one block from 86th Street shopping
- Mixed‑use building featuring five residential units and one store
- Currently rented units offering immediate income potential
- Suitable for a 1031 exchange
- One apartment will be vacant soon
- Building size: 4,800 sq ft
Overview
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 | $373.2k | $77.76 |
| − Vacancy | −$44.4k | −$9.25 |
| EGI | $328.8k | $68.51 |
| − OpEx | −$98.6k | −$20.55 |
| NOI | $230.2k | $47.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.0266
- Latitude
- 40.6205
