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For sale
  • $1,880,000

    416 Bay Ridge Ave, Brooklyn, NY 11220

    --beds
    0baths
    3,300sqft
    Mixed Use
    Built in 1931
    2,000 Square Feet Lot
    $1,738,300 Zestimate®
    $570/sqft
    $-- HOA

    What's special

    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.
    60 days
    |
    139
    |
    3
    |

    Zillow last checked: 8 hours ago

    Listing updated: January 10, 2026 at 06:34am

    Listing by:

    Ashford Homes LLC 929-364-1301,

    Ray Long Wu 347-335-6333

    Source: BNYMLS,MLS#: 497780MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Natural Gas, Baseboard
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Ceramic Tile, Hardwood
    • Doors: Doors - 10 ft and under
    • Basement: Finished,Full
    Interior area
    • Total structure area: 3,300
    • Total interior livable area: 3,300 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Stories: 3
    Lot
    • Size: 2,000 Square Feet
    • Dimensions: 20x100
    Details
    • Parcel number: 058730015
    • Zoning: R5B
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Materials
    • Masonry, Other, Brick
    • Foundation: Concrete Perimeter, Stone
    • Roof: Flat
    Condition
    • Year built: 1931

    Utilities & green energy

    • Electric: 110 V

    Community & HOA

    Community
    • Subdivision: Brooklyn
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $570/sqft
    • Tax assessed value: $624,000
    • Annual tax amount: $14,206
    • Date on market: 12/9/2025
    • Cumulative days on market: 61 days

    Estimated market value

    $1,738,300

    $1.65M - $1.83M

    $4,830/mo

    Price history

    Price history
    DateEventPrice
    12/9/2025Listed for sale$1,880,000+88.4%$570/sqft
    Source: BNYMLS #497780 Report a problem
    1/27/2024Listing removed$998,000$302/sqft
    Source: BNYMLS #434205 Report a problem
    7/1/2023Listing removed--
    Source: OneKey® MLS #3174609 Report a problem
    1/26/2021Sold$998,000-33%$302/sqft
    Source: OneKey® MLS #L3174609 Report a problem
    10/7/2020Pending sale$1,490,000$452/sqft
    Source: Winzone Realty Inc #434205 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$14,206 $280,800 -9.2%
    2023-- $309,150 -1.2%
    2022-- $312,750 +8.8%

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: Bay Ridge

    Nearby schools

    GreatSchools rating

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