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Investment Highlights

  • Corner Frontage on 5th Avenue and 79th Street
  • 12 Residential Apartments (9 Stabilized + 3 Free Mkt)
  • Large Corner Retail Space NNN Leased Thru 2035

Executive Summary

Prime Investment Opportunity on Corner Lot in Bay Ridge, Brooklyn. Mixed-Use Retail/Multifamily with 12 Residential Apartments (9 Stabilized / 3 Free Mkt) and 1 Corner Retail Suite NNN Leased, Will Be Vacant March 2026. Pro Forma Cap Rate 7.68% (See Financials)

Attachments

LISTING FLIER

Data Room Click Here to Access

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
13,440 SF
Building Class
B
Year Built
1925
Price
$6,000,000
Price Per SF
$446.43
Cap Rate
7.68%
NOI
$460,800
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.86
Lot Size
0.08 AC
Zoning
R6B, C1-3, BR - R6B with C1-3 Commercial Overlay in Bay Ridge Special Purpose District
Frontage
42’ on 5th Ave

Amenities

  • Corner Lot
  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Manufacturing
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Sherwin-Williams began in 1866 when Henry Sherwin and Edward Williams opened a paint store in Cleveland, Ohio. The company expanded nationally through the late 19th century by establishing manufacturing facilities. Their business model includes three segments: Paint Stores Group for contractors, Consumer Brands Group for retail sales, and Performance Coatings Group serving industrial markets. The company operates in both professional and DIY markets through company-owned stores and third-party distributors.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Manufacturing 99,999 SF $9.99 Lorem Ipsum Jan 0000
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Valley National Bank
Citibank
Tex's Chicken & Burgers
Chase Bank
Apple Bank
Body & Brain
WW
CTown
Key Food

Property Taxes

Property Taxes

Parcel Number
05971-0001
Land Assessment
$136,350 (2025)
Improvements Assessment
$1,088,550 (2025)
Total Assessment
$1,224,900 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
  • Listing ID: 35539154

  • Date on Market: 4/17/2025

  • Last Updated:

  • Address: 7823 5th Ave, Brooklyn, NY 11209

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