About 416 Bay Ridge
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.
Features of 416 Bay Ridge
| MLS® # | 497780 |
|---|---|
| Price | $1,880,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,300 |
| Year Built | 1931 |
| Type | Mixed Use / Store & Family |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 416 Bay Ridge |
|---|---|
| Area | Bay Ridge |
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | New York |
| Zip Code | 11220 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior | Ceramic, Hardwood |
|---|---|
| Interior Features | None, Other |
| Heating | Baseboard |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Finished, Full |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Doors - 10 ft and under |
| Roof | Flat |
| Construction | Brick, Masonry |
| Foundation | Poured Concrete, Stone |
Additional Information
| Date Listed | December 8th, 2025 |
|---|---|
| Days on Market | 256 |
| Zoning | R5B |