8824 5 Avenue

Owner: New York City School Construction Authority

Acquired: August 16, 2021, $21 million

Built: 1956

SF: 13,835

Dwelling units: 0

No. of buildings: 1

Class: Banking Facilities with or Without Parking (K7)

Floors: 1

Transactions:

• Allied Properties sold 8802 5th Avenue, Bay Ridge, Brooklyn for $21 million to NYC School Construction Authority on August 16, 2021.

Development:

• Charleston Albert filed major alteration job B01258240 for 74,359 sqft 57 building with 0 apartments in Bay Ridge, Brooklyn, on October 15, 2025.

• Charleston Albert filed alteration job B01351217 for 17,580 sqft 57 building with 0 apartments in Bay Ridge, Brooklyn, on February 02, 2026.

• Charleston Albert filed alteration job B01322944 for 89,183 sqft 57 building with 0 apartments in Bay Ridge, Brooklyn, on November 21, 2025.

• Charleston Albert filed alteration job B01302492 for 17,580 sqft 57 building with 0 apartments in Bay Ridge, Brooklyn, on November 05, 2025.

• Charleston Albert filed alteration job B01302468 for 89,183 sqft 57 building with 0 apartments in Bay Ridge, Brooklyn, on October 17, 2025.

• Charleston Albert filed alteration job B01302478 for 17,580 sqft 57 building with 0 apartments in Bay Ridge, Brooklyn, on October 17, 2025.

Violations:

According to city public data, the properties have received $6,250 in ECB penalties and $7,230 in OATH penalties in the last year.