268 Bay Ridge Avenue, Brooklyn, NY 11220
COMMERCIAL - Brooklyn, NY
- Added:
- Jun 19, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 19 at 4:06 pm
Property Features for 268 Bay Ridge Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- c1-4
- Parking features
- Garage
- Basement
- Full
- Standard status
- Active
- Size
- 6,362 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Annual Amount
- 14623
Building Details
- Year built
- 2015
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Ceramic
- 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 19, 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
- Built in 2015 commercial property with brick construction and flat roof
- Approximately 6,362 SF retail space across 3 stores
- 10 in‑door parking spaces included
- Ceramic flooring and garage parking
- Triple‑net tenants in place for the stores
- Seller may offer owner’s financing
Overview
The property is located at 268 Bay Ridge Avenue in Brooklyn, NY 11220, within zoning described as C1-4. The seller’s remarks also note transit options nearby, including buses along Bay Ridge Avenue and 3rd Avenue and access to the R train on 4th Avenue. The immediate area is characterized as having multiple nearby retail and service businesses.
For buyers seeking a retail-oriented NNN asset, the three-store configuration may offer a straightforward ownership structure, with the parking component supporting day-to-day operations for the tenant spaces. The seller indicates triple-net tenants are in place for the stores, and owner’s financing may be available as part of the transaction.
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 | $267.2k | $42.00 |
| − Vacancy | −$27.3k | −$4.28 |
| EGI | $239.9k | $37.72 |
| − OpEx | −$72.0k | −$11.31 |
| NOI | $168.0k | $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
