Mixed-Use Building in Brooklyn
For Sale
Contact for pricing
349 Ridgewood Ave, Brooklyn, NY 11208
Mixed-use property with residential and commercial units in Brooklyn.
Property Size3,388 SF
Lot Size1,296.00 Acres
Days on Market192
Property Features for 349 Ridgewood Ave
General Information
Standard status
Active
Size
3,388 SF
Lot size
1,296.00 Acres
Property subtype
Retail, Multifamily, Mixed Use, Business for Sale
Listing Agency:
HL Dynasty RE
Listed By:
Humberto Lopes · License #10311208242
Source:
Crexi
Added: Feb 11
Changed: Aug 14
Last Checked: Aug 21 at 8:31PM
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 HL Dynasty RE
Investment Insights
Based on property information with market context.
The property at 349 Ridgewood Avenue presents a mixed-use building in a high-demand Brooklyn location. Constructed in 1915 and modernized in 2013, this 3-story property encompasses 3,388 square feet and features three residential apartments situated above a ground-floor commercial unit. This configuration makes it suitable for both investors and owner-operators. Located in East New York, the building benefits from its proximity to transit options, retail streets, and community amenities, contributing to consistent rental demand and long-term neighborhood growth. The property, classified as an S3 building, consists of a three-family residence over one commercial space, providing multi-source income and potential for future upside. With a 22.58 ft frontage and a 50 ft depth on a 1,296 square foot lot, the property is designed for efficient operations, strong cash flow, and an attractive tenant mix. The property is located in Brooklyn’s Community District 5. It is ideal for investors seeking mixed-use cash flow, value-add potential, and a long-term hold in a developing Brooklyn district, as well as an owner-user opportunity for the commercial unit. The building has a total of 4 units.
Key Highlights
- Mixed‑use building with 3 residential units and 1 commercial space provides multi‑source income.
- Located in a strong, high‑demand Brooklyn corridor (East New York) with easy access to transit, retail, and neighborhood amenities.
- Updated in 2013, offering modernized features.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,216
Businesses Nearby
Explore this area
Business Placement
Demographics for 11208, NY
101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with residential and commercial units in Brooklyn.
Where is this mixed-use property located?
The property is located at 349 Ridgewood Ave Brooklyn, NY.
What are key features of this property?
This property features: Mixed‑use building with 3 residential units and 1 commercial space provides multi‑source income.; Located in a strong, high‑demand Brooklyn corridor (East New York) with easy access to transit, retail, and neighborhood amenities.; Updated in 2013, offering modernized features.
