8710 5th Ave Brooklyn, NY 11209
Three-story building with a usable lower level, totaling 21,294 sqft.
- Added:
- Apr 24, 2026
- Days on Market:
- 80
- Last Refresh:
- Jul 3 at 12:47 am
Property Features for 8710 5th Ave
General Information
- Standard status
- Active
- Size
- 21,294 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2001
Listing office Womcore LLC dba Remax Edge (718) 612-3088
Listing date Apr 24, 2026
Source Elliman
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 Womcore LLC dba Remax Edge
Investment Insights
Based on property information with market context.
Key Highlights
- 21,294 sqft, 3‑story building with a full lower level, suitable for hospital, office, adult daycare, or school.
- On‑site 2,998 sqft parking garage and 838 sqft 3rd‑floor outdoor terrace.
- Located in a prime location near the waterfront, Shore Road Park, and Dyker Beach Golf Course, with excellent walk, bike, and transit scores.
Local Financial Insights For Office B
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 | $919.9k | $43.20 |
| − Vacancy | −$211.6k | −$9.94 |
| EGI | $708.3k | $33.26 |
| − OpEx | −$177.1k | −$8.32 |
| NOI | $531.2k | $24.95 |
