416 Bay Ridge Avenue
Description
Currently occupied by a barbershop, Monthly rent: $1,680, Tenant pays hot water and electricity, keeping owner expenses low....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.
- Listed by Ray Long Wu • Ashford Homes LLC
Amenities
- Parking Included
- Lowrise
Property Details for 416 Bay Ridge Avenue
| Status | Active |
|---|---|
| MLS ID | 497780 |
| Days on Market | 6 |
| Taxes | - |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | - |
| Compass Type | Mixed Use |
| MLS Type | Mixed Use |
| Year Built | 1931 |
| Lot Size | 2,000 SF / 20' x 96' |
| County | Kings County |
Building
416 Bay Ridge Ave
Location
Building Information for 416 Bay Ridge Avenue
Payment Calculator
$10,474 per month
30 year fixed, 6.28% Interest
$9,290
$1,184
$0
Property Information for 416 Bay Ridge Avenue
- Number Of Stories: 1
- Cross Street Name: 4th Ave
- Zoning: R5B
- Roof: Flat
- Number Of Vacant Units: 1
- Parking Attributes: None
- Parking Feature Single: None
- Financing: 1031 Exchange, Bank Mortgage, Cash
- Gross Expense: 20208.0
- Gross Income: $118,900.00
- Cap Rate: .05%
- Sq Ft Total: 3300
- Yard: Other
- Lot Size Irregular YN: No
- Lot Size Length: 100
- Lot Size Width: 20
- Commercial Condo YN: No
- Heat Delivery: Baseboard
- Heating Fuel: Gas
- AC Units: 5+
- Hot Water: Gas
- Basement Amenities: Finished, Full
- Commercial Features Interior: Other, None
- Foundation Details: Poured Concrete, Stone
- Flooring: Ceramic, Hardwood
- Unit Count: 4
- Number Of Available Units: 3
- Lavatories: None
- Construction Materials: Brick, Masonry
- Electric: 110 V
- Ceiling Height: 8-10 Foot
- Exterior: Brick
- Commercial Features Exterior: Doors - 10 ft and under
- Building Type: Attached
- Unit Category: Store
- Unit Current Rent: 1680.0
- Unit Room Description: Salon business, tenant pays electricity& hot water
- Unit Floor: 1
- Unit Security Deposit Amount: $1,680.00
- Unit Status: Month-to-Month
- Unit Unit Type: Retail
- Unit Baths Full: 1
- Unit Baths Half: 0.0
- Unit Baths Three Quarter: 0.0
- Unit Baths Total: 1
- Unit Bedrooms Total: 2
- Unit Category: Apt
- Unit Room Description: New Renovation.All bedrooms have window
- Unit Floor: 1
- Unit Projected Rent: 2200.0
- Unit Rooms Total: 1
- Unit Status: Vacant
- Unit Unit Type: 2 Bedrooms
- Unit Baths Full: 1
- Unit Baths Half: 0.0
- Unit Baths Three Quarter: 1
- Unit Baths Total: 2
- Unit Bedrooms Total: 5
- Unit Category: Apt
- Unit Current Rent: 3255.0
- Unit Room Description: New Renovation.All bedrooms have window
- Unit Floor: 2
- Unit Projected Rent: 4000.00
- Unit Rooms Total: true
- Unit Status: Month-to-Month
- Unit Unit Type: 4+ Bedrooms
- Unit Baths Full: 1
- Unit Baths Half: 0.0
- Unit Baths Three Quarter: 1
- Unit Baths Total: 2
- Unit Bedrooms Total: 5
- Unit Category: Apt
- Unit Current Rent: 3150.0
- Unit Room Description: New Renovation.All bedrooms have window
- Unit Floor: 3
- Unit Projected Rent: 4000.00
- Unit Rooms Total: true
- Unit Status: Month-to-Month
- Unit Unit Type: 4+ Bedrooms
- Net Operating Income: 98772.0
- Sale Type: Arm's Length
- Owner Occupied: No
Property History for 416 Bay Ridge Avenue
| Date | Event & Source | Price |
|---|---|---|
| 12/08/2025 | Listed (Active) BKMLS #497780 | $1,880,000 |
| 01/25/2021 | $998,000 | |
| 10/22/2019 | Permanently Off Market Manual | $1,680,000 |
| 10/22/2019 | Listed (Active) BKMLS #434205 | $1,590,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 416 Bay Ridge Avenue
Schools near 416 Bay Ridge Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 2 |
Rating | School | Distance |
|---|---|---|
Ralph A Fabrizio School PublicK to 5 | ||
Is 30 Mary White Ovington PublicK to 8 | ||
Fort Hamilton High School Public9 to 12 | ||
Sunset School of Cultural Learning PublicK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Ashford Homes LLC
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