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8515 4th Avenue

Brooklyn, NY 11209
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Bed --

Bed

Bath 0

Bath

SqFt10,464

Sqft

Acres0.11

Acre(Lot)

There are two buildings, being sold together, the following 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 doo r. 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,395,000

AD Id : 78247504

MLS Id : 501276

Lot Size : 0.11 Acre

Living Area Size : 10,464

Year Built : 1921

County : Kings

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Feature Features

  • Room Information

    Has Basement: Yes Basement: Finished, Full
  • Flooring Information

    Tile, Other
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas

  • Building Information

    Year Built: 1921 Building Area Total: 10464 Construction Materials: Brick Stories: 3 Private Pool: No

  • Lot Information

    Lot Dimensions: 113 x 42 Lot Size Acres: 0.11 Lot Size Square Feet: 4861 Lot Description: Irregular Lot

  • Listing Price Information

    Listing Price: $3395000

  • Tax Information

    Tax Lot: 4 Tax Block: 6035 Annual Tax: $81865

  • Parking Information

    Other
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
655 76th Street, Brooklyn, NY, 11209 $1,650,000 -- -- 4,314 4,314 SqFt
648 Bay Ridge Parkway, Brooklyn, NY, 11209 $1,738,888 -- -- --
8502 Fort Hamilton Park.., Brooklyn, NY, 11209 $549,000 2 1 1,022 1,022 SqFt
7127 5th Avenue, Brooklyn, NY, 11209 $3,899,000 -- -- 7,200 7,200 SqFt
518 78th Street, Brooklyn, NY, 11209 $1,449,000 3 2 --
518 78th Street, Brooklyn, NY, 11209 $1,449,000 3 2 1,544 1,544 SqFt
7316 5th Avenue, Brooklyn, NY, 11209 $2,080,000 -- -- 3,300 3,300 SqFt
509 80th Street, Brooklyn, NY, 11209 $1,599,000 -- -- 2,304 2,304 SqFt
7612 5th Avenue, Brooklyn, NY, 11209 $2,999,999 -- -- 6,600 6,600 SqFt
7624 5th Avenue, Brooklyn, NY, 11209 $1,849,000 -- -- 3,655 3,655 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brooklyn MLS. All Rights Reserved.

ByOwner last updated this listing 06/06/2026 @ 01:07

MLS: 501276 LISTED BY: Carol Touma, Tiger Realty 917-708-9966 SOURCE: Brooklyn Board of REALTORS

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