8627 5th Avenue

Bay Ridge

$2,189,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Just 200 Ft Off of 86th Street and 5th Avenue! Store is leased for the next 6 years. Pays 25 % of the RE Tax and part of the Water Bill. This is an investment opportunity to own "Bay Ridge Prime". Delivered as 3 vacant apartments. The apartments are dated but after some work - Its in a High rental area. The area will be occupied with more retail anchor tenants soon. Buy for the Future!Just 200 Ft Off of 86th Street and 5th Avenue! Store is leased for the next 6 years. Pays 25 % of the RE Tax and part of the Water Bill. This is an investment opportunity to own "Bay Ridge Prime". Delivered as 3 vacant apartments. The apartments are dated but after some work - Its in a High rental area. The area will be occupied with more retail anchor tenants soon. Buy for the Future!
  1. Listed by Vincent Blandino • MadisonEstates Sothebys Realty

Amenities

  • Private Outdoor Space
  • Parking Included
  • Lowrise
LISTING UPDATED: 10/29/2024 02:16 PM

Property Details for 8627 5th Avenue

StatusActive
MLS ID483864
Days on Market139
Taxes$32,640 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1925
Lot Size2,320 SF / 20' x 116'
CountyKings County

Building

8627 5th Ave

6 Units3 StoriesBuilt in 1925

Building Information for 8627 5th Avenue

Stories3Residences6Year Built1925Lot Size2,320 SF / 20' x 116'Building Age-Building Type-

Property Information for 8627 5th Avenue

Summary
Location and General Information
  • Number Of Stories: 1
  • Cross Street Name: 86th street
  • Roof: Flat
Parking
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: Cash
  • Tax Amount: 32640.0
Property
Lot Information
  • Yard: Back
  • Lot Size Irregular YN: No
  • Lot Size Length: 116
  • Lot Size Width: 20
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • Hot Water: Gas
  • Fuel Expense: 3500.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full
  • Commercial Features Interior: None
  • Foundation Details: Poured Concrete
  • Flooring: Carpeting
  • Unit Count: 5
  • Lavatories: 4+
  • Construction Materials: Brick
  • Electric: 110 V
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: None
Multi Family
Multi-Family Information
  • Building Type: Attached
Unit 1
  • Unit Category: Store
  • Unit Current Rent: 3750.0
  • Unit Floor: 1
  • Unit Occupant: Nail SAlon
  • Unit Status: Leased
  • Unit Unit Type: Retail
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Floor: 1R
  • Unit Rooms Total: 3
  • Unit Status: Vacant
  • Unit Unit Type: 1 Bedroom
Unit 3
  • Unit Baths Full: 11
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 11
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 1300.0
  • Unit Floor: 2R
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 1 Bedroom
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 2F
  • Unit Rooms Total: true
  • Unit Status: Vacant
  • Unit Unit Type: 2 Bedrooms
Unit 5
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Current Rent: 900.0
  • Unit Floor: 3R
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 1 Bedroom
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 12000.0
  • Owner Occupied: No

Property History for 8627 5th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8627 5th Avenue

Taxable ValueLand$139,050Additions$120,150Total$259,200
Home Facts
Total Finished SqFt4,800 SqFtLot Size2,325 SqFtYear Built1925ZoningR6BAPN3060510010

Schools near 8627 5th Avenue

This home is within Nyc Geog District #20 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. Is 104 The Fort Hamilton School
PublicK to 8

Fort Hamilton High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8627 5th Avenue is a mixed use property for sale in Bay Ridge. This property was listed for sale on July 2, 2024 by MadisonEstates Sothebys Realty, it's currently listed at $2,189,000. This listing's school district is Nyc Geog District #20 - Brooklyn. Nearby schools include P.S. 264 Bay Ridge Elementary School For The Arts, P.S. Is 104 The Fort Hamilton School and Fort Hamilton High School. 8627 5th Avenue is a 0-bed, 0-bath, mixed use property built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MadisonEstates Sothebys Realty

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