Mixed-Use
8500 4th Avenue
8500 4th Ave, Brooklyn, NY 11209
Listing Price: $13,500,000
Investment Overview
Marcus & Millichap has been exclusively hired to sell 8500 4th Avenue, a mixed-use apartment building comprised of 49 apartments and eight (8) commercial spaces. This five-story elevator building is located on 4th Avenue between 85th Street & 86th Street in the Bay Ridge neighborhood of Brooklyn, New York.
The subject property was built in 1925 and measures 140 feet wide by 93 feet deep on a lot that extends 100 feet deep. The property is zoned R7B, C4-2A, and the total approximate building size is 57,500 square feet based on public record. 8500 4th Avenue presents the rare opportunity to purchase an exceptionally well located investment building with income spread between apartments as well as ground floor retail. Bay Ridge is typically considered a stable, safe, low-velocity submarket that consistently sees strong rental demand. The subject property is located in front of the 86th Street [ R ] Train Station, providing easy access to Manhattan and the rest of Brooklyn.
8500 4th Avenue
Investment Highlights
- Bay Ridge elevator mixed-use building | 49 residential & 8 commercial
- Excellent location, less than a block from the busiest stretch of 86th Street
- Seconds to national retailers: Gap, Chase Bank, Sephora, McDonald's, Wendy's, Victoria's Secret, Duane Reade, and T-Mobile
Exclusively Listed By
Listing Price: $13,500,000
Investment Highlights
- Bay Ridge elevator mixed-use building | 49 residential & 8 commercial
- Excellent location, less than a block from the busiest stretch of 86th Street
- Seconds to national retailers: Gap, Chase Bank, Sephora, McDonald's, Wendy's, Victoria's Secret, Duane Reade, and T-Mobile
Investment Overview
Marcus & Millichap has been exclusively hired to sell 8500 4th Avenue, a mixed-use apartment building comprised of 49 apartments and eight (8) commercial spaces. This five-story elevator building is located on 4th Avenue between 85th Street & 86th Street in the Bay Ridge neighborhood of Brooklyn, New York. The subject property was built in 1925 and measures 140 feet wide by 93 feet deep on a lot that extends 100 feet deep. The property is zoned R7B, C4-2A, and the total approximate building size is 57,500 square feet based on public record. 8500 4th Avenue presents the rare opportunity to purchase an exceptionally well located investment building with income spread between apartments as well as ground floor retail. Bay Ridge is typically considered a stable, safe, low-velocity submarket that consistently sees strong rental demand. The subject property is located in front of the 86th Street [ R ] Train Station, providing easy access to Manhattan and the rest of Brooklyn.
Exclusively Listed By
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