NY > Brooklyn
Brooklyn, NY 11209,8515 4th AVE
Brooklyn, NY 11209,8515 4th AVE
Brooklyn, NY 11209,8515 4th AVE
Brooklyn, NY 11209,8515 4th AVE
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2026
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Celinda Iaboni

Celinda Iaboni

Real Broker NY LLC Real Broker LLC

+1(631) 786-9603
$ 3,888,000
Est. payment | /mo
Save
$ 3,888,000
Est. payment | /mo
Save

Key Details

Property Type Mixed Use

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 495612

Annual Tax Amount $79,146

Property Sub-Type Mixed Use

Property Description

This listing includes two buildings, and will be sold as addresses 8515 & 8517 4th Avenue.

Prime Mixed-Use Investment Opportunity In The Heart Of Bay Ridge, 86th St & 4th Ave.

Presenting a three-story mixed-use building situated on a 40'x113' lot with a total building size of 10,464 sq ft. Zoning: C4-2A with approximately 2,200 sq ft additional buildable FAR.
Located in the center of Bay Ridge's busiest commercial hub, this property is surrounded by national brands, including McDonald's, Chipotle, GAP, Chase Bank, Pandora, Banana Republic, Sephora, and Victoria's Secret. It is also minutes away from the multi-million redevelopment site of the former Century 21 Department Store. Unmatched accessibility to public transit, with the R-train and multiple major bus lines right outside the door.

Ground floor: Expansive retail space, Diamond Braces, currently pays 90% of water/sewer and 50% of real property taxes/ assessments over the 2020/2021 base year $74,870.
Second floor: Two commercial units, ideal for office or professional use.
Third floor: Two spacious three-bedroom apartments offering solid rental income potential.

This property is a rare opportunity for investors seeking a versatile asset in a prime location with strong commercial and residential income streams. The building is at a 5% CAP rate, making it an exceptional investment

Location

State NY

County Kings (brooklyn)

Area Bay Ridge

Zoning C4-2A

Rooms

Basement Full

Interior

Interior Features None

Hot Water Gas

Heating Oil

Flooring Other

Heat Source Oil

Exterior

Exterior Feature Brick

Roof Type Flat

Handicap Access No

Building

Story 3

Foundation Poured Concrete

Others

Energy Description Oil

Financing 1031 Exchange,Bank Mortgage,Cash

Listed by Hometown Properties

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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

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8515 4th AVE

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