8710 5th Avenue
Brooklyn, NY, 11209 $ 6,990,000
Bedrooms-- Baths-- Sq 16,900 Monthly Estimate*
$ 43,039
for $6,990,000. This 16,900 square foot building was built in 2001 on a lot size of 0.1313.
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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FeaturesGeneralSewer Other
Heating Electric Natural Gas
Cooling Wall/Window Unit(s)
Utilities Electricity Available Natural Gas Available Water Available
Construction Materials Brick
Year Built 2001
Property Subtype Office
Tax Year 2024
Parcel Number 06050-0037
Business Type Professional/Office
Waterfront Features Waterfront
County Kings (Brooklyn)
Property Type Commercial Sale
Directions Use GPS
City New York
Property Attached Y/N Y
Tax Annual Amount 180937.84
Showing Instructions contact assistant yulia for appointments only 917-345-6368
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 1928700
Tax Lot 37
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InteriorBasement Finished Full
Flooring Tile
Basement Features Finished Full
Basement (Y/N) Y
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ExteriorParking Features Private Private
Water Source Other
Total Parking 6
Parking Spaces 6
Building Area Total 16900
Waterfront Y/N Y
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $43,039
- Monthly Property Taxes
- $15,078
- 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.
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/21/2025 | $6,990,000 | -6.80% | Price Down |
| 4/5/2025 | $7,500,000 | | Listed Price |