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268 Bay Ridge Ave Brooklyn, NY 11220

Sponsored
For Sale
$3,500,000

Prime Brooklyn Location, 6,300 SF, 3 Units

Property size:
6,300 SF

Description

Added:
Feb 13, 2025
Days on Market:
344
This exceptional commercial property at 268 Bay Ridge Avenue in Brooklyn, New York, presents a lucrative investment opportunity. The three-story, 6,300 square foot building sits on an 8,422 square foot lot and is comprised of three units. The first floor boasts approximately 5,100 square feet of commercial retail space, perfectly suited for a variety of businesses, and an additional 1,200 square feet of community facility space. The building also includes a cellar level with a convenient indoor parking garage offering 10 parking spaces. A significant advantage is the remaining ten years of tax abatement, offering substantial financial benefits to the owner. This prime location in the heart of Bay Ridge offers unparalleled accessibility. The property is conveniently located near the R and N train station and the B9 bus route, providing easy access to 8th Avenue and Chinatown. Furthermore, it's situated close to the vibrant 4th and 5th Avenue commercial districts, which are home to a diverse range of amenities including supermarkets, restaurants, pharmacies, parks, and banks. This is a rare chance to acquire a well-positioned commercial property with significant upside potential in a thriving Brooklyn neighborhood. The building's versatile layout and ample parking make it an ideal investment for both established businesses and new ventures. Don't miss this opportunity to establish your business in this highly desirable area. The asking price is $3,500,000. Ceiling height specifications are available upon request.

Property Features for 268 Bay Ridge Ave

General Information

Property type
Retail properties
Square Feet
6,300 SF

Building Details

Stories
3
Units
3

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Listing Contact
XueFang Li
XueFang Li

Learn more


HighLights

  • $3,500,000 asking price.
  • 6,300 square foot office and retail building.
  • Three‑story building with three units.
  • 8,422 square foot lot.
  • Ten years of remaining tax abatement.
Property Profile 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.

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Longitude
-74.0267292
Latitude
40.6358543

FAQs

What type of property is this?
Retail property - Prime Brooklyn Location, 6,300 SF, 3 Units
Where is this retail property located?
The property is located at 268 Bay Ridge Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: $3,500,000 asking price.; 6,300 square foot office and retail building.; Three-story building with three units.
More about this property
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