# 268 Bay Ridge Avenue, Brooklyn, NY 11220

> **TL;DR:** commercial, $3,100,000 ($487/sqft), built 2015, 6,362 sqft. Est. $13,433/mo. Listed 341 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,100,000 |
| Price/sqft | $487 |
| Square Feet | 6,362 |
| Year Built | 2015 |
| Lot Size | 8,969 sqft (0.21 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 341 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $13,433 |
| **Total** | **$13,433** |

## Property Highlights

- Built in 2015
- 0.21 acre lot

## Description

### Agent Description
Investor's Delight!!! Introducing the new construction units with two commercial stores, one community facility plus ten indoor parking spots for sale as a package deal in Bay Ridge. Store #S1 which is 2970 sqft and is current leased as a Tae Kwon Do school which is paying $5,227 monthly, common charge of $959.68 and property tax $7,347.44. Store # S2 which is 2,292 sqft and is a bakery, it pays $3,500 with 3% yearly increase, common charge $751 and property tax $5,761 yearly. Store #CF which is 1200 sqft, it is renting as a storage, it pays $2,060, common charge $289 and property tax $771 yearly. Triple net leases for store # S1, S2 and #CF. The seller is collecting $3,360 from ten indoor parking spots, pays $743 yearly for common charges for ten parking spot and property insurance premium of $3,050 only. Total yearly expenses for the seller is $4,103 ONLY. The building is generating net yearly income of $164,291 which is 5.3% cap rate. The seller is willing to offer owner's financing with 35% and up as the down payment. Start making income as soon as you close the deal.

## Location

- **Address:** 268 Bay Ridge Avenue, Brooklyn, NY 11220
- **County:** Kings (Brooklyn)

## Listing Agent

- **Name:** Jian Yang (Carey)
- **Brokerage:** Exit Realty Professionals
- **Phone:** (718) 838-2600
- **Email:** careyyangexitny@gmail.com

## Primary Photo

![268 Bay Ridge Avenue - Primary Photo](http://lh.rdcpix.com/4e01a1b2b6b0dce99233260726a838cal-f2197584781r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.com/listing/268-bay-ridge-avenue-brooklyn-ny-11220-y493753)*

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**MLS#:** 493753 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/268-bay-ridge-avenue-brooklyn-ny-11220-y493753)

---

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