268 Bay Ridge Avenue, Brooklyn, NY 11220
COMMERCIAL - Brooklyn, NY
- Added:
- Jun 25, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 25 at 8:06 pm
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
- 1,200 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Annual Amount
- 784
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 25, 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.
HighLights
- Community facility store built in 2015
- Brick construction with flat roof
- On‑site garage parking available (additional cost)
- Ground‑level store with approx. 1,200 sq ft
- Full possession possible
- Store is near a supermarket, bakery, restaurant, bus stops, cafés, and close to the R train station on 4th Ave and 3rd Ave
Overview
The offering is situated in Bay Ridge, with retail and dining uses nearby, including a supermarket, bakery, and restaurant. Public transportation options appear to be readily accessible, with bus stops in the vicinity and proximity to the R train service along 4th Avenue and 3rd Avenue.
For buyers or tenants seeking a turn-key retail space with the option to reconfigure the interior for their needs, the combination of ground-level access and on-site indoor parking can support a range of storefront concepts. The C1-4 zoning designation provides flexibility for appropriate retail activity, and the current storage condition may allow interested parties to assess and plan the level of improvements required for their specific use.
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 | $50.4k | $42.00 |
| − Vacancy | −$5.1k | −$4.28 |
| EGI | $45.3k | $37.72 |
| − OpEx | −$13.6k | −$11.31 |
| NOI | $31.7k | $26.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.026448
- Latitude
- 40.635806
