Outstanding Mixed-Use Investment Opportunity. Discover an exceptional investment property located in the highly desirable Bay Ridge neighborhood. This solid mixed-use building offers one commercial unit and three newly renovated residential apartments, providing strong rental income and long-term upside in a prime Brooklyn location. Commercial Unit (1st Floor – Street Level) Currently occupied by a barbershop, Tenant pays hot water and electricity, keeping owner expenses low. Residential Units (All Newly Renovated) 1st Floor Rear – 2 Bedroom Apartment. Vacant and fully updated—perfect for immediate leasing or personal use. 2nd Floor – 5 Bedrooms, 1.5 Baths, spacious layout with modern renovations, 3rd Floor – 5 Bedrooms, 1.5 Baths, Newly renovated with generous living space. Strong rental income $118,980/year, expense only $20,208/ Year. Net 5.5%. A perfect location for both residential and commercial tenants. WON''T LAST.
Property Details
Price:
$1,880,000
MLS #:
497780
Status:
Active
Baths:
0
Type:
Single Family
Subtype:
Mixed Use
Borough:
Brooklyn
Neighborhood:
bayridge
Listed Date:
Dec 9, 2025
Finished Sq Ft:
3,300
Year Built:
1931
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Schools
Interior
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Financial
Map
Community
- Address416 Bay Ridge Avenue Brooklyn NY
- NeighborhoodBay Ridge
- CityBrooklyn
- CountyKings (Brooklyn)
- Zip Code11220
Market Summary
Current real estate data for Single Family in Brooklyn as of Mar 05, 2026
497
Single Family Listed
117
Avg DOM
1,523
Avg $ / SqFt
$1,948,780
Avg List Price
Property Summary
- 416 Bay Ridge Avenue Brooklyn NY is a Single Family for sale in Brooklyn, NY, 11220. It is listed for $1,880,000 and features 0 beds, 0 baths, and has approximately 3,300 square feet of living space, and was originally constructed in 1931. The current price per square foot is $570. The average price per square foot for Single Family listings in Brooklyn is $1,523. The average listing price for Single Family in Brooklyn is $1,948,780.
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