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About This Home
This 0-bedroom, 0-bathroom commercial at 8510 Bay 16th Street in Brooklyn, NY is listed for $2,980,000 ($408 per sqft). Built in 1996, the home offers 7,311 sqft of living space on a 0.09 acres lot.
Rare-find commercial building built in 1996 with C1-2/R5 overlay zoning, currently fully occupied by 5 commercial tenants: a long-established dental office on the 1st front, a construction company office on the 1st floor rear, a limousine service company on the 2nd floor front, a dental lab on the 2nd floor rear, and a usable basement occupied by a spice company.
The building measures approximately 30*103 ft (about 3,111 SF) on the first floor, with the second floor and basement each approximately 30*70 ft, for a total of roughly 7,311 SF, situated on a 38*103 ft lot with a private driveway. Additional features include an elevator from the basement to the top floor, 4 separate entrances, and 5 separate water heaters along with 5 independent HVAC systems.
This is an excellent investment opportunity generating approximately $191,400 in annual income with an NOI of $134,546, offering strong upside potential for future income growth.
Key Features
- Built in 1996
- 0.09 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$15,938/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8510 Bay 16th Street
Brooklyn, NY 11214
Property Details
Flooring
Construction
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 8510 Bay 16th Street is listed at $2,980,000 ($408/sqft). The estimated monthly payment is $12,913 based on 20% down at 6.5% interest.
Key features include: Built in 1996, 0.09 acre lot, 2 stories.
This property is listed by Jason Zhou and can be reached at (718) 612-3088 or jasonzhourealty@gmail.com.







