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Corner Mixed-Use Property
For Sale
$2,450,000

8502 5th Avenue, Brooklyn, NY 11209

R6B-zoned property combines storefront retail with residential apartments.

Property Size7,476 SF
Days on Market159

Property Features for 8502 5th Avenue

General Information

Standard status Active
Size 7,476 SF
Property subtype Commercial Mixed Use
Zoning R6B

Site & Location

Corner Location Yes
Public Transit Yes

Additional Details

Multifamily Units 6

Building Details

Building Size 7,476 SF
Year Built 1921
Stories 3
Listing Agency: Re/Max Edge
Listed By: Renzhang Danny Dong · License #RD7348
Source: Kirinny
Added: Mar 26 Changed: Aug 28 Last Checked: Aug 29 at 10:21AM

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 Re/Max Edge

Investment Insights

Based on property information with market context.

Located at 8502 5th Avenue in Brooklyn’s Bay Ridge neighborhood, this mixed-use property contains two retail stores and six residential units within a corner building. The configuration brings commercial and residential components together under one ownership structure, with storefront presence along the avenue and natural light associated with its corner position.

Built in 1921, the property is situated near shopping, dining, and public transportation. Its R6B zoning and combination of retail and residential space support a range of mixed-use ownership and occupancy considerations, subject to applicable regulations and approvals.

Key Highlights

  • Two retail stores and 6 residential units
  • Corner property with avenue frontage
  • R6B zoning

Property Analytics

Current Use

Galleria Jewelry Center (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Hotel & Motel Cosmetic Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,763
Businesses Nearby

Demographics for 11209, NY

73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - R6B-zoned property combines storefront retail with residential apartments.
Where is this mixed-use property located?
The property is located at 8502 5th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Two retail stores and 6 residential units; Corner property with avenue frontage; R6B zoning
More about this property
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