268 Bay Ridge Ave S2 Brooklyn, NY 11220
2015-built retail condo currently used as a bakery, with indoor parking options available near supermarkets on Bay Ridge Avenue.
- Added:
- Jul 5, 2026
- Days on Market:
- 8
- Last Refresh:
- Jul 6 at 2:42 am
Property Features for 268 Bay Ridge Ave S2
General Information
- Standard status
- Active
- Size
- 2,292 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2015
Listing office Remax Real Estate Professionals (718) 532-2000
Listing date Jul 5, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Remax Real Estate Professionals
Investment Insights
Based on property information with market context.
The property is located on Bay Ridge Avenue and is described as being next to supermarkets. It is also noted as being close to 3rd Avenue, within a dense commercial area featuring many retail and service uses, including bakeries, restaurants, banks, bars, and pharmacy stores.
With its street-level retail condo configuration and existing bakery use, the space may fit established operators looking for an in-place food concept or owners seeking a flexible storefront for a range of commercial uses. The walk, bike, and transit positioning is supported by provided mobility scores of 96 (Walkers’ Paradise), 81 (Very Bikeable), and 91 (Rider’s Paradise), which can be helpful for businesses that benefit from frequent neighborhood foot traffic and public transit access.
Key Highlights
- 2015‑built large commercial condo estimated at 2,292 SF, currently used as a bakery
- Indoor parking spaces available on‑site, with additional spaces available for an extra cost
- Located next to supermarkets on Bay Ridge Ave
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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