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509 80th St 2,304 SF 100% Leased Office Building Brooklyn, NY 11209 $1,599,000 ($694.01/SF)
Investment Highlights
- 2 FAMILY + 2 STOREFRONTS MIXED-USE BRICK BUILDING IN A BUSY BAY RIDGE OFF 5TH AVE HIGH TRAFFIC LOCATION
- IDEALLY SITUATED IN THE HEART OF BEAUTIFUL BAY RIDGE- SURROUNDED BY ALL FORMS OF TRANSPORTATION & SHOPPING WITH TONS OF FOOT TRAFFIC..
- TRUE HIGH INCOME INCREDIBLE INVESTMENT PROPERTY WHICH IS IN EXCELLENT WELL-MAINTAINED CONDITION- FEATURES NEW BOILER AND MUCH MORE
Executive Summary
2 FAMILY + 2 STOREFRONTS MIXED-USE BRICK BUILDING IN A BUSY BAY RIDGE OFF 5TH AVE HIGH TRAFFIC LOCATION; A TRUE HIGH INCOME INCREDIBLE INVESTMENT PROPERTY WHICH IS IN EXCELLENT WELL-MAINTAINED CONDITION- FEATURES NEW BOILER, NEW HOT WATER TANK, NEW ROOF, NEW ELECTRICAL METERS AND PANELS, AND SOME NEWER WINDOWS… BUILDING IS CURRENTLY CONFIGURED AS A 2 BEDROOM UNIT ON THE 3rd FLOOR OVER ANOTHER 2 BEDROOM UNIT ON THE 2nd FLOOR OVER 2 SEPARATE STORES ON THE GROUND LEVEL/WALK-IN OVER A FULL BASEMENT... IDEALLY SITUATED IN THE HEART OF BEAUTIFUL BAY RIDGE- SURROUNDED BY ALL FORMS OF TRANSPORTATION & SHOPPING WITH TONS OF FOOT TRAFFIC... YOU ABSOLUTELY WILL NOT WANT TO MISS OUT ON THIS OUTSTANDING OPPORTUNITY TO OWN A PRIZED PIECE OF REAL ESTATE IN ONE OF BROOKLYN'S MOST DESIRABLE & SOUGHT-AFTER NEIGHBORHOODS...
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$19,298
|
$8.38
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$19,298
|
$8.38
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $19,298 |
| Annual Per SF | $8.38 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $19,298 |
| Annual Per SF | $8.38 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
2,304 SF
Building Class
C
Year Built
1930
Price
$1,599,000
Price Per SF
$694.01
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
693 SF
Building FAR
2.98
Lot Size
0.02 AC
Zoning
R6B - R6 - Medium density residential district
Amenities
- Signage
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 05981-0080 | Total Assessment | $282,600 (2026) |
| Land Assessment | $67,050 (2026) | Annual Taxes | $19,298 ($8.38/SF) |
| Improvements Assessment | $215,550 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
05981-0080
Land Assessment
$67,050 (2026)
Improvements Assessment
$215,550 (2026)
Total Assessment
$282,600 (2026)
Annual Taxes
$19,298 ($8.38/SF)
Tax Year
2025
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