$1,880,000
Active
337 days on market
416 Bay Ridge Ave
📍 Brooklyn, Brooklyn, NY 11220
12.0
Beds
5.0
Baths
3,300
Sqft
$570
Per sqft
1931
Year built
Land
Type
About this property
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
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Amenities & features
Key facts
Long-term upside
Fully updated
One commercial unit
Property details
Property typeLand
Listing statusActive
Lot size2,000 sqft
Year built1931
Days on market337 days
MLS #497780
Estimated monthly payment
Listing price$1,880,000
Down payment (20%)$376,000
Loan amount$1,504,000
Principal & interest (7%, 30yr)$10,006/mo
Property tax (est.)$1,828/mo
Home insurance (est.)$783/mo
Estimated total$12,617/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.



