This Multifamily Property is no longer advertised on LoopNet.com.

8500-8514 4th Ave
Brooklyn, NY 11209
Multifamily Property For Sale · 49 Units

Investment Highlights

  • Bay Ridge elevator mixed-use building | 49 residential & 8 commercial
  • Seconds to national retailers: Gap, Chase Bank, Sephora, McDonald’s, Wendy’s, Victoria’s Secret, Duane Reade, and T-Mobile
  • Asking price equates to $234/SF | 6.12% cap rate | 8.37x the rent roll
  • Excellent location, less than a block from the busiest stretch of 86th Street
  • Directly in front of the “R” Train 86th Street stop
  • Long-term family ownership

Property Facts

No. Units 49
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 3.40 AC
Building Size 57,500 SF
No. Stories 5
Year Built 1925
Zoning R7B/C4-2A - Regional Commercial Center

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Tub/Shower
  • Smoke Free

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • On-Site Retail
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 20 - -
2+1 35 - -

Property Taxes

Property Taxes

Parcel Number
06034-0041
Land Assessment
$371,250
Improvements Assessment
$3,610,800
Total Assessment
$3,982,050
  • Listing ID: 37616290

  • Date on Market: 9/10/2025

  • Last Updated:

  • Address: 8500-8514 4th Ave, Brooklyn, NY 11209

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