8710 5th Avenue, Brooklyn, NY 11209

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.