8311 5th Avenue

Beds
Baths
3,300 Sq. Ft.
$597 / Sq. Ft.
3,300
Sq. Ft.
$597
per Sq. Ft.

Description

Beautiful brick 2 family plus store, mixed-use building in prime Bay Ridge. The Store is currently leased by a long term and stable tenant of 20 years in the Optical business paying $4,875 monthly rent. The lease ends June 2021. New owners have an option of renewing the lease. Each of the 2 apartments upstairs showcase 3 bedrooms, living room, dining room, eat-in kitchen, and full bath. Both apartments are owner occupied and can be delivered vacant at closing. This property also has a full unfinished...Beautiful brick 2 family plus store, mixed-use building in prime Bay Ridge. The Store is currently leased by a long term and stable tenant of 20 years in the Optical business paying $4,875 monthly rent. The lease ends June 2021. New owners have an option of renewing the lease. Each of the 2 apartments upstairs showcase 3 bedrooms, living room, dining room, eat-in kitchen, and full bath. Both apartments are owner occupied and can be delivered vacant at closing. This property also has a full unfinished cellar and private backyard and garden. There is no on-site parking. Lot: 21x74. Building: 20x55. Approx. Building Sq Ft: 3,300. Est. Annual Taxes: $11,755. Est. Annual Water: $1,300. Est. Annual Fuel/Oil: $3,800. Est. Annual Insurance: $4,000. Zoning: R6B. Approx. Year Built: 1921. Stories: 3.
  1. Listed by Lawrence Wong • Weichert Realtors The Franzese

Amenities

  • Formal Dining Room
  • Eat-in Kitchen
  • Private Outdoor Space
  • Parking Included
  • Parking Lot
  • Lowrise
LISTING UPDATED: 03/17/2020 07:24 PM

Property Details for 8311 5th Avenue

StatusSold
MLS ID435397
Days on Market24
Taxes$11,755 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeTownhouse
MLS TypeMixed Use
Year Built1921
Lot Size1,594 SF / 21' x 74'
CountyKings County

Building

8311 5th Ave

3 Units3 StoriesBuilt in 1921

Location

Listing Courtesy of Weichert Realtors The Franzese

Sold By Exit Realty Professionals

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Building Information for 8311 5th Avenue

Stories3Residences3Year Built1921Building Size20' x 55'Building Sq. Ft3,300 SFLot Size1,594 SF / 21' x 74'Building Age-Building Type-

Payment Calculator

$10,581 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,601

Property Taxes

$980

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8311 5th Avenue

Summary
Location and General Information
  • Block: 6019
  • Number Of Stories: 1
  • Cross Street Name: 83rd St
  • Cross Street Name: 84th St
  • Zoning: R6B
  • Roof: Flat
Parking
  • Parking Attributes: None
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: Bank Mortgage, Cash
  • Tax Amount: 11755.0
Virtual Tour
Property
Lot Information
  • Sq Ft Total: 3300
  • Yard: Back
  • Lot Number: 6
  • Lot Size Irregular YN: No
  • Lot Size Length: 74
  • Lot Size Width: 21
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Oil
  • AC Units: 0
  • Hot Water: Oil
  • Fuel Expense: 3800.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full, Unfinished
  • Commercial Features Interior: None
  • Foundation Details: Other
  • Flooring: Other
  • Unit Count: 3
  • Lavatories: 2
  • Construction Materials: Brick
  • Electric: Circuit Breakers
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: None
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1100.0
  • Building Length: 55.0
  • Building Type: Attached
  • Building Width: 20.0
Unit 1
  • Unit Category: Store
  • Unit Current Rent: 4875.0
  • Unit Room Description: Optical Business
  • Unit Floor: 1
  • Unit Status: Leased
  • Unit Unit Type: Other
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 2
  • Unit Rooms Total: 6
  • Unit Status: Owner Occupied
  • Unit Unit Type: 3 Bedrooms
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: Owner Occupied
  • Unit Unit Type: 3 Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
  • Selling Agent MUI: 1480373.0
Rental
Rental Information
  • Insurance Expense: 4000.0
  • Owner Occupied: Yes

Property History for 8311 5th Avenue

DateEvent & SourcePriceAppreciationLink
Mar 17, 2020

Sold

BKMLS #435397

$1,970,000
Mar 17, 2020

Contract Signed

BKMLS #435397

Mar 17, 2020

Sold (Public Record)

ACRIS #2020031800639002

$1,970,000
Dec 16, 2019

Listed (Active)

BKMLS #435397

$2,050,000
DateEvent & SourcePrice
03/17/2020

Sold

BKMLS #435397

$1,970,000
03/17/2020

Contract Signed

BKMLS #435397

03/17/2020

Sold (Public Record)

ACRIS #2020031800639002

$1,970,000
12/16/2019

Listed (Active)

BKMLS #435397

$2,050,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8311 5th Avenue

Taxable ValueLand$22,680Additions$68,520Total$91,200
Tax Record2025$13,685 ($1,140 / month) Tax Class1Tax Rate20.085%
Home Facts
Total Finished SqFt3,300 SqFtLot Size1,602 SqFtYear Built1921ZoningR6BAPN3060190006

Schools near 8311 5th Avenue

This home is within New York City Geographic District #20.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 2
Rating
School
Distance
P.S. 127 Mckinley Park
PublicK to 5

Madeleine Brennan School (The)
Public6 to 8

Fort Hamilton High School
Public9 to 12

Sunset School of Cultural Learning
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Weichert Realtors The Franzese

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