Outstanding Mixed-Use Investment Opportunity. Discover an exceptional investment property located in the highly desirable Bay Ridge neighborhood. This solid mixed-use building offers one commercial unit and three newly renovated residential apartments, providing strong rental income and long-term upside in a prime Brooklyn location. Commercial Unit (1st Floor – Street Level) Currently occupied by a barbershop, Tenant pays hot water and electricity, keeping owner expenses low. Residential Units (All Newly Renovated) 1st Floor Rear – 2 Bedroom Apartment. Vacant and fully updated—perfect for immediate leasing or personal use. 2nd Floor – 5 Bedrooms, 1.5 Baths, spacious layout with modern renovations, 3rd Floor – 5 Bedrooms, 1.5 Baths, Newly renovated with generous living space. Strong rental income $118,980/year, expense only $20,208/ Year. Net 5.5%. A perfect location for both residential and commercial tenants. WON'T LAST.
For sale
$1,880,000
416 Bay Ridge Ave, Brooklyn, NY 11220
--beds
0baths
3,300sqft
Mixed Use
Built in 1931
2,000 Square Feet Lot
$1,740,100 Zestimate®
$570/sqft
$-- HOA
What's special
- 105 days |
- 127 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: January 10, 2026 at 06:34am
Listing by:
Ashford Homes LLC 929-364-1301,
Ray Long Wu 347-335-6333
Source: BNYMLS,MLS#: 497780
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Natural Gas, Baseboard
Cooling
- Has cooling: Yes
Appliances
- Included: Gas Water Heater
Features
- Flooring: Ceramic Tile, Hardwood
- Doors: Doors - 10 ft and under
- Basement: Finished,Full
Interior area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Property
Parking
- Parking features: None
Features
- Stories: 3
Lot
- Size: 2,000 Square Feet
- Dimensions: 20x100
Details
- Parcel number: 058730015
- Zoning: R5B
- Special conditions: Arm's Length
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Masonry, Other, Brick
- Foundation: Concrete Perimeter, Stone
- Roof: Flat
Condition
- Year built: 1931
Utilities & green energy
- Electric: 110 V
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $570/sqft
- Tax assessed value: $624,000
- Annual tax amount: $14,206
- Date on market: 12/9/2025
- Cumulative days on market: 106 days
Estimated market value
$1,740,100
$1.65M - $1.83M
$4,570/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Listed for sale | $1,880,000+88.4%$570/sqft |
Source:  BNYMLS #497780 Report a problem | ||
| 1/27/2024 | Listing removed | $998,000$302/sqft |
Source: BNYMLS #434205 Report a problem | ||
| 7/1/2023 | Listing removed | -- |
Source:  OneKey® MLS as distributed by MLS GRID #3174609 Report a problem | ||
| 1/26/2021 | Sold | $998,000-33%$302/sqft |
Source: OneKey® MLS as distributed by MLS GRID #L3174609 Report a problem | ||
| 10/7/2020 | Pending sale | $1,490,000$452/sqft |
Source: Winzone Realty Inc #434205 Report a problem | ||
| 5/15/2020 | Listed for sale | $1,490,000$452/sqft |
Source: Winzone Realty Inc #434205 Report a problem | ||
| 1/29/2020 | Pending sale | $1,490,000$452/sqft |
Source: Winzone Realty Inc #434205 Report a problem | ||
| 1/2/2020 | Price change | $1,490,000-6.3%$452/sqft |
Source: Winzone Realty Inc #3174609 Report a problem | ||
| 10/23/2019 | Price change | $1,590,000-5.4%$482/sqft |
Source: Winzone Realty Inc #3174609 Report a problem | ||
| 9/5/2019 | Price change | $1,680,000-11.1%$509/sqft |
Source: Four Seasons of NY Inc Report a problem | ||
| 8/4/2019 | Listed for sale | $1,890,000+1790%$573/sqft |
Source: Four Seasons of NY Inc Report a problem | ||
| 10/26/2016 | Sold | $100,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $14,206 | $280,800 -9.2% |
| 2023 | -- | $309,150 -1.2% |
| 2022 | -- | $312,750 +8.8% |
| 2021 | -- | $287,550 -8.3% |
| 2020 | $11,770 +8% | $313,650 -1.1% |
| 2019 | $10,902 | $317,250 +292% |
| 2018 | -- | $80,941 +3.3% |
| 2017 | $9,970 +31.8% | $78,383 +8% |
| 2016 | $7,567 | $72,592 +0% |
| 2015 | $7,567 +55.1% | $72,585 +8% |
| 2014 | $4,880 | $67,237 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: Bay Ridge
Nearby schools
GreatSchools rating
- 7/10Is 30 Mary White OvingtonGrades: K-8Distance: 0.1 mi
- 5/10Fort Hamilton High SchoolGrades: 9-12Distance: 1 mi
Local experts in 11220
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