416 Bay Ridge Avenue
Bay Ridge
Ownership
Mixed Use
Lot Size
20'x100'
Status
Active
Year Built
1931
ASF/ASM
3,300/307
Property Description
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, Monthly rent: $1,680, 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, strong rental income: $3,255/month. 3rd Floor – 5 Bedrooms, 1.5 Baths, Newly renovated with generous living space, Currently rented at $3,150/month
A perfect location for both residential and commercial tenants. WON'T LAST.
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, Monthly rent: $1,680, 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, strong rental income: $3,255/month. 3rd Floor – 5 Bedrooms, 1.5 Baths, Newly renovated with generous living space, Currently rented at $3,150/month
A perfect location for both residential and commercial tenants. WON'T LAST.
Listing Courtesy of Ashford Homes LLC
Care to take a look at this property?
Apartment Features
Exposed Bricks
Hardwood Floors
Building Details [416 Bay Ridge Avenue]
Ownership
Mixed Use
Zoning
R5B
Year Built
1931
Floors
3
Lot Size
20'x100'
Mortgage Calculator in [US Dollars]
Maria Castellano
License
Licensed As: Maria Castellano
Licensed Real Estate Broker/Owner
W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 497780