Property Attributes
- MLS#501727
- TypeMixed Use
- Listing Status Active
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodBay Ridge
- Zip11209
- StyleMixed Use
- Year Built1925
- Taxes$ 25835
- Price$ 2,380,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4560
- Lot Size0.041322 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description
Excellent investment opportunity to own a mixed-use building featuring 5 residential units plus 1 commercial storefront in a high-traffic location. Renovated in 2016 and maintained in excellent condition, this income-producing property consists of an established nail salon on the ground floor along with five residential apartments featuring a mix of 1-bedroom and 2-bedroom layouts. The property offers strong in-place income, making this an attractive opportunity for investors seeking strong cash flow and long-term appreciation. The commercial tenant contributes part of the real estate taxes. Apartments feature updated kitchens and bathrooms, spacious layouts, and excellent natural light. Separate gas and electric meters provide added efficiency and convenience. The building also includes a large, clean basement with updated mechanicals and ample storage space. Located in Bay Ridge surrounded by supermarkets, restaurants, banks, and everyday conveniences. Easy access to transportation including the N/R subway lines and B16/B70 bus routes with convenient access to Manhattan and Downtown Brooklyn. Ideal for investors, end users seeking supplemental income, or a 1031 exchange buyer. Rare opportunity to acquire a turnkey mixed-use asset. All offers submitted with mortgage pre approval and/or proof of funds.
| Price History | |
|---|---|
| 5/28/2026 | Listed $2,450,000 |
| 7/12/2026 | 3$2,380,000 |
General Features
| Net Operating Income | 110977.00 |
|---|---|
| Roof | Flat |
| Zoning | R6B |
| Electric | 200 Amp |
| Stories Count | 3 |
| Property Type | Mixed Use |
| Block | 6085 |
| Cap Rate | 0.05 |
| Lot Number | 38 |
| Yearly Taxes | 25835.00 |
| Transaction Type | Sale |
| Insurance Expense | 10270.00 |
| Utility Expense | 968.00 |
| Gross Expense | 51659.00 |
| Financing | 1031 Exchange,Bank Mortgage,Cash |
| Building Type | Attached |
| Gross Income | 162636 |
| Status | Active |
| Fuel Expense | 7924.00 |
| Construction Materials | Brick |
| Cumulative Days on Market | 111 |
| MLS Area | Bay Ridge |
| Sub Type | Mixed Use |
| Year Built | 1925 |
| City | Brooklyn |
| Borough | Brooklyn |
| Number Of Stores | 1 |
| DOM | 111 |
| Sale Type | Arm's Length |
| # Families | 5 |
| Public Remarks | Excellent investment opportunity to own a mixed-use building featuring 5 residential units plus 1 commercial storefront in a high-traffic location. Renovated in 2016 and maintained in excellent condi |
Interior Features
| Heating Fuel | Gas |
|---|---|
| Flooring | Hardwood,Tile |
| Hot Water | Hot Water Coil in Boiler |
| Unit Count | 6 |
| Sq Ft Total | 4560 |
| Lavatories | 1 |
| Basement Amenities | Full |
| Commercial Features Exterior | None |
| Commercial Features Interior | None |
Exterior Features
| Exterior | Brick |
|---|---|
| Lot Dimensions | 20x90 |
| Yard | Back |
| Foundation | Other |
| Lot Sq Ft | 1800 |
| Loading Docks | None |
| Building Length | 76.00 |
| Building Width | 20.00 |
| Property Panorama YN | Yes |
| Lot Size Length | 90 |
| Lot Size Width | 20 |
| Parking Attrib | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Mixed Use Average in 11209
In The Neighborhood
Brooklyn
$ 1,999,000
- Type
- Mixed Use
- Size
- 3,135 SqFt
- Rooms
- 0 Beds + 0 Baths
Brooklyn
$ 1,600,000
- Type
- Mixed Use
- Size
- 2,292 SqFt
- Rooms
- 0 Beds + 0 Baths
Brooklyn
$ 1,850,000
- Type
- Mixed Use
- Size
- 2,925 SqFt
- Rooms
- 0 Beds + 0 Baths
Brooklyn
$ 1,575,000
- Type
- Mixed Use
- Size
- 2,304 SqFt
- Rooms
- 0 Beds + 0 Baths
Brooklyn
$ 1,950,000
- Type
- Mixed Use
- Size
- 3,998 SqFt
- Rooms
- 0 Beds + 0 Baths
All Data is Copyright © 2026 BNYMLS Inc. All Rights Reserved. Information is deemed reliable, but not guaranteed and should be independently verified.
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