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8710 5th AVE Brooklyn, NY 11209
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Key Details
Sold Price $6,050,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 21,294 sqft
Price per Sqft $284
MLS Listing ID 490209
Sold Date 07/10/26
Year Built 2001
Annual Tax Amount $161,451
Property Sub-Type Office
Property Description
Prime Bay Ridge Community Facility for Sale – This full 3-story building, plus a usable full lower level, offers 21,294 sqft of space, ideal for a hospital, office, adult daycare, or school. The property features 2,727 sqft on the 1st (ground) floor, 5,725 sqft on the 2nd floor, 4,890 sqft on the 3rd floor, and 4,116 sqft on the lower level. The former medical building is well-equipped with an on-site 2,998 sqft parking garage, a 3rd-floor 838 sqft outdoor terrace, and elevator and stairway access throughout. Each level is built out with private workspaces, a commercial kitchen, 10 restrooms, and large open areas, adding even more functionality to the space. Every floor has individual electric and gas meters, cooling, and heating systems.
The property is conveniently located close to the waterfront, Shore Road Park, and Dyker Beach Golf Course, with several established tenants in the vicinity, including Mercy Medical Care, Bay Ridge Medical Imaging, Ovington Medical Associates, Lutheran Medical Center, Big-Family Social Adult Daycare, An-Noor Social Center, Dyker Heights Adult Daycare Center, and Bay Ridge Community Development Center.
Adding to its incredible potential, the area is confirmed for a major $100 million development in 2025 on 86th and 87th Street between 4th and 5th Avenue, further enhancing the appeal and vitality of the 86th Street business corridor. This transformation is expected to bring increased growth, activity, and demand to the neighborhood, making this property an even more valuable opportunity for investors and community-focused organizations.
Transportation access is excellent, within minutes to the R train at 86th St/4th Ave, the Brooklyn Queens Expressway (I-278), and the NY Ferry via the B37 bus ride.
This well-located and fully equipped property offers endless possibilities for a variety of professional and community uses in a prime Brooklyn location. Ask the listing agent for floor plans.
Location
State NY
County Kings (brooklyn)
Area Bay Ridge
Zoning C8-2
Rooms
Basement Finished, Full, Separate Entrance
Interior
Interior Features Elevator - Private, Employee Lounge, Employee Lunchroom, Fire - Smoke Alarm, Fire Sprinkler, Kitchen, Lobby, Restrooms - Staff, Security Alarm, Window Display, Other
Heating Electric, Gas
Flooring Tile, Other
Heat Source Electric, Gas
Exterior
Exterior Feature Brick
Utilities Available Electric, Gas, Heat, Parking, Sprinkler System, Water
Roof Type Flat
Present Use Health Care
Handicap Access Yes
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Electric,Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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Bought with RE/MAX Edge
Nearby Locations
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