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8515 4th Avenue
Brooklyn NY 11209 US

$3,888,000

Active Listing ID 498646
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Lot: 0.11 Acres
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Mixed Use

$3,888,000

Active Listing ID 498646
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8515 4th Avenue This listing includes two buildings, and will be sold as addresses 8515 & 8517 4th Avenue. Prime Mixed-Use Investment Opportunity In The Heart Of Bay Ridge, 86th St & 4th Ave. Presenting a three-story mixed-use building situated on a 40'x113' lot with a total building size of 10, 464 sq ft. Zoning: C4-2A with approximately 2, 200 sq ft additional buildable FAR. Located in the center of Bay Ridge's busiest commercial hub, this property is surrounded by national brands, including McDonald's, Chipotle, GAP, Chase Bank, Pandora, Banana Republic, Sephora, and Victoria’s Secret. It is also minutes away from the multi-million redevelopment site of the former Century 21 Department Store. Unmatched accessibility to public transit, with the R-train and multiple major bus lines right outside the door. Ground floor: Expansive retail space, Diamond Braces, currently pays 90% of water/sewer and 50% of real property taxes/ assessments over the 2020/2021 base year $74, 870. Second floor: Two commercial units, ideal for office or professional use. Third floor: Two spacious three-bedroom apartments offering solid rental income potential. This property is a rare opportunity for investors seeking a versatile asset in a prime location with strong commercial and residential income streams. The building is at a 5% CAP rate, making it an exceptional investment

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Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Other
  • Property Sub-type: Mixed Use
  • Features
  • Floor Covering: Hardwood, Parquet Wood, Tile
  • Roof Type: Flat
  • Heating Fuels: Ductless (Heating), Natural Gas

Property

  • propertytype: Other
  • propertysubtype: Mixed Use
  • listprice: 3888000
  • unparsedaddress: 8515 4th Avenue
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11209
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.111593204775023
  • lotsizeunits: Acres
  • lotsizearea: 0.111593
  • livingarea: 10464
  • livingareaunits: Square Feet
  • listagentfullname: Carol Touma
  • listagentemail: caroltsaliba@hotmail.com
  • listagentkey: 3yd-BMLSNY-ct0743
  • listagentmlsid: ct0743
  • listagentpreferredphone: 7189548400
  • listagentofficephone: 7189548400
  • listofficekey: 3yd-BMLSNY-117340
  • listofficemlsid: 117340
  • disclaimer: Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: BMLSNY
  • yearbuilt: 1921
  • countyorparish: Kings (Brooklyn)
  • constructionmaterials: Brick
  • flooring: Hardwood, Parquet Wood, Tile
  • heating: Ductless (Heating), Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty Empire", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"caroltsaliba@hotmail.com", "ListBrokerageCity":"Brooklyn", "ListBrokerageCountry":"US", "ListBrokerageEmail":"charles@runnyc.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Keller Williams Realty Empire", "ListBrokeragePhone":"(917) 836-1050", "ListBrokeragePostalCode":"11209", "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":"3rd Floor", "ListBrokerageUnparsedAddress":"9201 4th Ave", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"8508 3rd Avenue", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Brooklyn", "ListOfficeCountry":"US", "ListOfficeEmail":"charlesolson@kw.com", "ListOfficePostalCode":"11209", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Mixed Use - Brooklyn, NY", "ListingURL":"https://listings.listhub.net/pages/BMLSNY/498646/?channel=rexren", "MLSModificationTimestamp":"2026-01-27T16:47:56Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Mixed Use", "RawPropertyType":"Mixed Use", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":81865, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/28/2026 12:04:45 AM GMT
Source Updated Date: 3/24/2026 12:49:21 PM GMT

Courtesy of: Carol Touma, Keller Williams Realty Empire, caroltsaliba@hotmail.com

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.