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    342 Ridgewood Ave Brooklyn, NY 11208

    For Sale
    $2,300,000

    Commercial Building - Brooklyn, NY

    Property size:
    2,730 SF
    Lot size:
    0.07 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 11 at 5:06 am

    Property Features for 342 Ridgewood Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Kitchen
    APN
    15-000.000-4127-031.000
    Parking features
    Garage
    Basement Y/N
    1
    Size
    2,730 SF
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1915
    Year renovated
    1915
    Roof type
    Flat
    Architectural style
    Other

    Batra Real Estate (646) 202-1877

    Listing agent Jay Batra (646) 202-1877

    Listing date Nov 24, 2025

    MLS# 11611106 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Brooklyn

    This mixed-use property in Brooklyn, New York, is currently used as an owner-user building. The property includes a restaurant, five residential apartments, and ground-floor retail space. The current owner has invested capital to update the entire building, including the apartment units with new floors, kitchens, paint, hallways, common areas, lighting, roof, heating, and cooling systems. The recently opened restaurant features a brand-new kitchen equipped with a countertop food warmer, full-size hood, convection ovens, stove tops, grill, prep station, rotisserie oven, basement storage, a walk-in refrigerator, and a walk-in freezer. The dining room can seat up to 32 guests with 16 two-person tables. The restaurant also includes a brand-new bathroom, office space, and a top-of-the-line security system. The building has a total size of 2730 square feet and sits on a lot of 0.07 acres. All units are currently rented under market value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brooklyn Meat Market ... Butcher Shop E & K Deli ... Deli

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.876069
    Latitude
    40.684447

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with restaurant and residential units in Brooklyn.
    Where is this mixed-use property located?
    The property is located at 342 Ridgewood Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Substantial recent capital improvements throughout the entire building, including updated apartments, common areas, roof, heating, and cooling.; - **Fully renovated restaurant with brand new, high-end kitchen equipment** (ovens, stove tops, grill, prep station, rotisserie oven, walk-in refrigerator/freezer) and dining area.; - Income-generating property with 5 residential apartments and ground floor retail space.
    (646) 202-1877
    Request Owner's contact information
    342 Ridgewood Ave Brooklyn, NY 11208
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    Brooklyn, NY 11208
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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
    342 Ridgewood Ave Brooklyn, NY 11208
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