For Sale
$3,500,000

268 Bay Ridge AveBrooklyn, NY 11220

Prime Brooklyn Location, 6,300 SF, 3 Units

Overview

Added:
Feb 13
Days on market:
42
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.

Highlights

  • $3,500,000 asking price.
  • 6,300 square foot office and retail building.
  • Three-story building with three units.
  • 8,422 square foot lot.
  • Ten years of remaining tax abatement.

Property Details for 268 Bay Ridge Ave

Property type
Retail properties, Office properties
Square Feet
6,300 SF
Stories
3
Units
3

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.6358543
Longitude
-74.0267292
268 Bay Ridge Ave, Brooklyn, New York

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268 Bay Ridge Ave
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