8710 5th Avenue
Brooklyn, NY, 11209 $ 6,990,000
Bedrooms-- Baths-- Sq 21,294 Monthly Estimate*
$ 43,039
for $6,990,000. This 21,294 square foot building was built in 2001 on a lot size of 0.131336.
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.
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FeaturesInteriorHeating Fuel Electric Gas
Walls Block Other
Flooring Tile Other
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GeneralUtilities Electric Gas Heat Parking Sprinkler System Water
Ceiling Height 8-10 Foot Other
Roof Flat
current use Health Care
Zoning C8-2
Electric 110 V 220 V
Stories Count 3
Property Type Commercial
Block 6050
Yearly Taxes 161451.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Active
Construction Materials Brick
Cumulative Days on Market 286
MLS Area Bay Ridge
Sub Type Office
Year Built 2001
City Brooklyn
DOM 286
Public Remarks 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 f
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ExteriorExterior Brick
Foundation Poured Concrete
Parking Attrib 6+ Spaces Parking Area
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Internal OnlyOriginating MLS Brooklyn New York MLS
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $43,039
- Monthly Property Taxes
- $13,454
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Brooklyn, NY
Average List Price $1,809,428
Percent of Sale Price 74%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/21/2025 | $6,990,000 | -6.80% | Price Down |
| 4/1/2025 | $7,500,000 | | Listed Price |