268 Bay Ridge Avenue, Brooklyn, NY 11220
COMMERCIAL - Brooklyn, NY
- Added:
- Jun 26, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 26 at 6:06 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
- 2,870 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10124
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 26, 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
- Large commercial condo built in 2015 with brick construction
- Estimated 2,870 sq ft commercial space
- Flat roof and garage parking features
- Vacant unit, ready for a business owner or investor
- Located on Bay Ridge Ave next to a supermarket, with many nearby retail and services
Overview
Situated at 268 Bay Ridge Avenue in Brooklyn, it is located next to a supermarket and very close to 3rd Avenue. The immediate retail mix referenced in the listing includes nearby businesses such as bakeries, restaurants, banks, bars, and pharmacy stores, reflecting a broad neighborhood shopping and service environment.
With its storefront configuration, vacant status, and parking options, this space may suit a range of retail and service users seeking a ready-to-occupy location, as well as investors looking for an owned commercial condo product. The availability of both outdoor and indoor parking supports tenant operations that depend on convenient access.
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 | $120.5k | $42.00 |
| − Vacancy | −$12.3k | −$4.28 |
| EGI | $108.2k | $37.72 |
| − OpEx | −$32.5k | −$11.31 |
| NOI | $75.8k | $26.40 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- 2 corazones flower shop — 514 77th St, Brooklyn, NY 11209
- Parkway Flower Shop — 6916 fort hamilton pkwy, brooklyn, ny 11228
- House Of Green — 7118 Fort Hamilton Pkwy, Brooklyn, NY 11228
- Outdoor Plants NYC — 7811 3rd Ave #763, Brooklyn, NY 11209
- Enchanted Florist — 7515 5th Ave, Brooklyn, NY 11209
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.026448
- Latitude
- 40.635806
