Mixed-Use Building in Bay
8707 5th Avenue, Brooklyn, NY 11209
Mixed-use building with five apartments and one store for sale.
Type:Commercial/Industrial
Property size:
4,800 SFLot size:
0.05 AcresPrice / SF:
$625/SF- Added:
- Mar 12, 2026
- Days on Market:
- 73
- Last Refresh:
- Apr 6 at 1:39 am
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 Mar 12, 2026
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
This mixed-use building features five residential units and one store. Located in the Bay Ridge neighborhood, the property is one block from the 86th Street shopping area. The building has a size of 4,800 square feet, with dimensions of 20 feet by 80 feet, situated on a 2,325 square foot lot measuring 20 feet by 116.25 feet. The zoning is R6B, C2-3. All units are currently rented, with one apartment becoming vacant soon. This property presents an investment opportunity for a 1031 exchange, investors, or potential future users.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$2.56M
NOI $230,182 @ 9.00% cap · cautious / downside scenario
Moderate
$3.29M
NOI $230,182 @ 7.00% cap · market / base-case scenario
Aggressive
$4.60M
NOI $230,182 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| 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 |
4,800 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$3.29M
$2.88M – $3.84M
NOI $230,182 @ 7.0% cap · market cap 7.67%
Second Best
Mixed Use
$2.49M
$2.18M – $2.90M
NOI $174,240 @ 7.0% cap · market cap 5.81%
Theoretical Best
Specialty Retail
$3.97M
$3.48M – $4.64M
NOI $278,208 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
M&P Haircutters
Barber Shop
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.0266
- Latitude
- 40.6205
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with five apartments and one store for sale.
Where is this mixed-use property located?
The property is located at 8707 5th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 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
