Individually Owned Property summary
This exceptional commercial property at 268 Bay Ridge Avenue in Brooklyn, New York, presents a lucrative investment opportunity. The three-story, 6,300 square foot building sits on an 8,422 square foot lot and is comprised of three units. The first floor boasts approximately 5,100 square feet of commercial retail space, perfectly suited for a variety of businesses, and an additional 1,200 square feet of community facility space. The building also includes a cellar level with a convenient… indoor parking garage offering 10 parking spaces. A significant advantage is the remaining ten years of tax abatement, offering substantial financial benefits to the owner. This prime location in the heart of Bay Ridge offers unparalleled accessibility. The property is conveniently located near the R and N train station and the B9 bus route, providing easy access to 8th Avenue and Chinatown. Furthermore, it's situated close to the vibrant 4th and 5th Avenue commercial districts, which are home to a diverse range of amenities including supermarkets, restaurants, pharmacies, parks, and banks. This is a rare chance to acquire a well-positioned commercial property with significant upside potential in a thriving Brooklyn neighborhood. The building's versatile layout and ample parking make it an ideal investment for both established businesses and new ventures. Don't miss this opportunity to establish your business in this highly desirable area. The asking price is $3,500,000. Ceiling height specifications are available upon request.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 8 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 153 SF
- Lot area
- 0.19 ac
- Year built
- 2015
- Stories
- 3
- APN
- 05871-1016
- Zoning
- R5B
- Assessed value · 2024
- $5,077
- Annual tax · 2024
- $73
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Where the designated district is an M1-2/R5B District, the provisions of paragraph (c) of Section 25-631 (Location and width of curb cuts in certain districts) shall not apply. Appendix A Special Long Island City Mixed U…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.
