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416 Bay Ridge Avenue

Brooklyn, NY 11220
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Bed --

Bed

Bath 0

Bath

SqFt3,300

Sqft

Acres0.05

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,880,000

AD Id : 70613327

MLS Id : 497780

Lot Size : 0.05 Acre

Living Area Size : 3,300

Year Built : 1931

County : Kings

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Feature Features

  • Room Information

    Has Basement: Yes Basement: Finished, Full
  • Flooring Information

    Ceramic Tile, Hardwood
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Natural Gas

  • Building Information

    Year Built: 1931 Building Area Total: 3300 Construction Materials: Brick Stories: 3 Private Pool: No

  • Lot Information

    Lot Dimensions: 100 x 20 Lot Size Acres: 0.05 Lot Size Square Feet: 2000

  • Listing Price Information

    Listing Price: $1880000

  • Parking Information

    None
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
277 7th Street, Brooklyn, NY, 11220 $4,200,000 42 20 15,708 15,708 SqFt
1433 Bay Ridge Parkway, Brooklyn, NY, 11220 $1,650,000 -- 3 --
766 45th Street, Brooklyn, NY, 11220 $2,200,000 10 5 2,288 2,288 SqFt
827 49th Street, Brooklyn, NY, 11220 $2,800,000 12 7 5,280 5,280 SqFt
819 49th Street, Brooklyn, NY, 11220 $2,249,000 11 6 5,280 5,280 SqFt
775 48th Street, Brooklyn, NY, 11220 $2,680,000 8 3 3,840 3,840 SqFt
855 53rd Street, Brooklyn, NY, 11220 $1,900,000 -- 2 2,000 2,000 SqFt
853 53rd Street, Brooklyn, NY, 11220 $1,900,000 -- 2 2,000 2,000 SqFt
865 55th Street, Brooklyn, NY, 11220 $2,480,000 7 2.5 2,080 2,080 SqFt
729 47th Street, Brooklyn, NY, 11220 $1,680,000 -- 2.5 2,146 2,146 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brooklyn MLS. All Rights Reserved.

ByOwner last updated this listing 06/10/2026 @ 18:02

MLS: 497780 LISTED BY: Ray Wu, Ashford Homes LLC 929-364-1301 SOURCE: Brooklyn Board of REALTORS

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