$6,050,000
$6,990,000
13.4%For more information regarding the value of a property, please contact us for a free consultation.
8710 5th AVE Brooklyn, NY 11209
5,719 Sqft Lot
Key Details
Sold Price $6,050,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Subdivision Bay Ridge
MLS Listing ID 845224
Sold Date 07/10/26
Rental Info No
Year Built 2001
Annual Tax Amount $180,937
Lot Size 5,719 Sqft
Acres 0.1313
Property Sub-Type Office
Source onekey2
Property Description
Prime Bay Ridge Community Facility for Sale – This full 3-story building, plus a usable full lower level, offers 21,294 sqft of space, ideal for a hospital, office, adult daycare, or school. The property features 2,727 sqft on the 1st (ground) floor, 5,725 sqft on the 2nd floor, 4,890 sqft on the 3rd floor, and 4,116 sqft on the lower level. The former medical building is well-equipped with an on-site 2,998 sqft parking garage, a 3rd-floor 838 sqft outdoor terrace, and elevator and stairway access throughout. Each level is built out with private workspaces, a commercial kitchen, 10 restrooms, and large open areas, adding even more functionality to the space. Every floor has individual electric and gas meters, cooling, and heating systems.
The property is conveniently located close to the waterfront, Shore Road Park, and Dyker Beach Golf Course, with several established tenants in the vicinity, including Mercy Medical Care, Bay Ridge Medical Imaging, Ovington Medical Associates, Lutheran Medical Center, Big-Family Social Adult Daycare, An-Noor Social Center, Dyker Heights Adult Daycare Center, and Bay Ridge Community Development Center.
Adding to its incredible potential, the area is confirmed for a major $100 million development in 2025 on 86th and 87th Street between 4th and 5th Avenue, further enhancing the appeal and vitality of the 86th Street business corridor. This transformation is expected to bring increased growth, activity, and demand to the neighborhood, making this property an even more valuable opportunity for investors and community-focused organizations.
Transportation access is excellent, within minutes to the R train at 86th St/4th Ave, the Brooklyn Queens Expressway (I-278), and the NY Ferry via the B37 bus ride.
This well-located and fully equipped property offers endless possibilities for a variety of professional and community uses in a prime Brooklyn location. Ask the listing agent for floor plans.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Finished, Full
Interior
Heating Electric, Natural Gas
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplace No
Exterior
Parking Features Private
Utilities Available Electricity Available, Natural Gas Available, Water Available
Waterfront Description Waterfront
Total Parking Spaces 6
Building
Sewer Other
Water Other
Structure Type Brick
Others
Special Listing Condition None
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Bought with Buyer Representation Office