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    268 Bay Ridge Ave Brooklyn, NY 11220

    Sponsored
    For Sale
    $3,100,000

    Commercial - Brooklyn, NY

    Property size:
    6,362 SF
    Lot size:
    0.21 Acres
    Days on Market:
    7
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 268 Bay Ridge Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C1-4
    Size
    6,362 SF
    Lot size
    0.21 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    2015
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Exit Realty Professionals (718) 838-2600

    Listing agent Jian Yang (Carey) (718) 838-2600

    Listing date Dec 30, 2025

    MLS# 493753 Listing URL

    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.

    Overview

    Brooklyn Commercial Investment Opportunity

    This offering features new construction units in Bay Ridge, Brooklyn, including two commercial stores, one community facility, and ten indoor parking spots, available as a package deal. Store #S1, currently leased as a Tae Kwon Do school, spans 2970 square feet. Store # S2, is 2,292 square feet and is occupied by a bakery with a 3% yearly rent increase. The community facility, #CF, is 1200 square feet and is rented as a storage space. Triple net leases are in place for stores # S1, S2, and #CF. The seller also collects income from ten indoor parking spots. The building generates a net yearly income of $164,291, representing a 5.3% cap rate. The property is located in Brooklyn, NY. The lot size is approximately 0.21 acres, and the total property size is 6,362 square feet. The zoning is C1-4. The seller is open to offering owner's financing with a 35% or higher down payment. This presents an opportunity to generate income immediately upon closing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Glory Martial Arts ... Martial Arts School

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Store Scrubs, ZIZO USA Store

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.026448
    Latitude
    40.635806

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    FAQs

    What type of property is this?
    Shopping center - Commercial stores, community facility, and parking in Bay Ridge.
    Where is this shopping center located?
    The property is located at 268 Bay Ridge Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: - High Net Yearly Income: Generates $164,291 in net yearly income, offering a 5.3% cap rate.; - Package Deal: Includes two commercial stores, one community facility, and ten indoor parking spots.; - Triple Net Leases: Stores #S1, #S2, and #CF operate under triple net leases.
    (718) 838-2600
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    268 Bay Ridge Ave Brooklyn, NY 11220
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    Brooklyn, NY 11220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    268 Bay Ridge Ave Brooklyn, NY 11220
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