Courtesy of: Ray Long Wu, Ashford Homes LLC, raywu34@gmail.com
Courtesy of: Ray Long Wu, Ashford Homes LLC, raywu34@gmail.com
$1,880,000
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Lot: 0.05 Acres
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Mixed Use
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$1,880,000
416 Bay Ridge Avenue 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.
Courtesy of: Ray Long Wu, Ashford Homes LLC, raywu34@gmail.com
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