268 Bay Ridge Avenue Brooklyn, NY 11220
COMMERCIAL - Brooklyn, NY
- Added:
- Jun 30, 2026
- Days on Market:
- 13
- Last Refresh:
- Jul 12 at 2:06 am
Property Features for 268 Bay Ridge Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C1-4
- Parking features
- Garage
- Standard status
- Active
- Size
- 2,292 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7938
Building Details
- Year built
- 2015
- Floors in Building
- 3
- Number of units
- 1
- Building materials
- Brick
- Roof type
- Flat
Listing agent Siu Kit Wong License #SW6470 (718) 532-2000
Listing office RE/MAX Real Estate Professiona 6423 11th Avenue, Brooklyn, NY (718) 532-2000
Listing date Jun 30, 2026
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The condo is located on Bay Ridge Avenue in Brooklyn, with nearby supermarket adjacency noted in the remarks. The listing also states the property is close to 3rd Avenue and surrounded by a mix of retail and service businesses.
With C1-4 zoning, the space may be appropriate for a wide range of retail users seeking a turn-key storefront with income- or convenience-oriented parking options. Indoor parking spaces are described as available for an additional cost, which can help support tenant and customer access in a dense retail area. For parties evaluating ownership, this represents a commercial condo option rather than a traditional leasehold, with an operational use already in place as a bakery.
Key Highlights
- Newer commercial condo built in 2015 with brick construction.
- Approximately 2,292 sq ft commercial condo with flat roof.
- Includes garage parking; many in‑door parking spaces available for an additional cost.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.3k | $42.00 |
| − Vacancy | −$9.8k | −$4.28 |
| EGI | $86.4k | $37.72 |
| − OpEx | −$25.9k | −$11.31 |
| NOI | $60.5k | $26.40 |
Alternative Uses
Property Analytics
Current Use by Public Records
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