Property Description
Outstanding Mixed-Use Investment Opportunity. Discover an exceptional property in the highly desirable Bay Ridge neighborhood. This solid mixed-use building features one commercial unit and three newly renovated residential apartments, offering high rental income and long-term growth potential in a prime Brooklyn location. The Commercial Unit on the 1st floor at street level is currently occupied by a barbershop. Monthly rent is $1,680, with the tenant responsible for hot water and electricity, which helps keep owner expenses low. The residential units, all recently renovated, include the 1st-floor rear apartment—a 2-bedroom unit that is vacant and fully updated—making it ideal for immediate leasing or personal use. The 2nd-floor unit has 5 bedrooms and 1.5 baths, with a spacious layout and modern renovations, generating substantial rental income of $3,255 per month. The 3rd-floor unit also has 5 bedrooms and 1.5 baths, is newly renovated with generous living space, and is currently rented at $3,150 per month. This location is perfect for both residential and commercial tenants. WON'T LAST.
Contact Agent
Ray Wu
347-335-6333
Property Details
Property Type
Mixed-use
Bedrooms
12
Bathrooms
6
Size
1,928
Floors
3,300
Year Built
1931
Property Location
416 Bay Ridge Ave #1, Brooklyn, NY 11230, USA















