482 Ridgewood Ave Brooklyn, NY $ 1,025,000
482 Ridgewood Ave
$ 1,025,000
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482 Ridgewood Ave

Brooklyn, NY, 11208
$ 1,025,000
Bedrooms-- Baths-- Sq 4,592

Monthly Estimate*

$ 6,311

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Commercial Property for sale in Brooklyn, NY

for $1,025,000. This 4,592 square foot building was built in 1915 on a lot size of 0.062557.

Solid all-brick six-family corner investment property in East New York, Brooklyn. This income-producing asset offers six 1-bedroom units, a finished basement, and a rare private 4-car garage, creating multiple layers of value for investors and multi-family buyers. Located near the J/Z subway lines, B13 and B26 buses, shopping, restaurants, grocery stores, Highland Park, and neighborhood conveniences, the property benefits from strong rental demand and easy commuter access throughout Brooklyn and Manhattan. Whether you are looking to expand your portfolio, complete a 1031 exchange, or secure a long-term Brooklyn income property, this is a strong opportunity with immediate rental appeal and future upside. Schedule a private tour and review the opportunity.

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Commercial Active

Price

$ 1,025,000

Property Type

Commercial

Taxes

$ 17,290

Style

Multi Family

Lot Size

0.062557

Year Built

1915

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

994482

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Multi Units
Utilities Cable Available Electricity Connected Natural Gas Connected
Appliances Convection Oven
Zoning R-5
Security Features Building Security Fire Alarm Fire Escape Fire Sprinkler System Smoke Detector(s) Window Bars
Construction Materials Brick
Year Built 1915
Tenant Pays All Utilities
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Property Subtype Multi Family
Tax Year 2024
Gross Income 98000
Community Features Park Playground Sidewalks
Building Name 482 Ridgewood Ave
Accessibility Accessible Bedroom Accessible Common Area Accessible Doors Accessible Entrance
County Kings (Brooklyn)
Operating Expense 10200
Insurance Expense 12000
Property Type Commercial Sale
Facing Direction North
Building Features Awning(s) Balcony Other Storm Windows Walk Up
City New York
Disclosures Environmental Disclosure Lead Paint
High School District Brooklyn 20
Number Of Units Total 6
Property Attached Y/N N
Tax Annual Amount 17290
Fuel Expense 3200
Property Condition Actual Estimated
Trash Expense 0
Water Sewer Expense 3200
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooklyn 22
Elementary School District Brooklyn 19
Tax Lot 27x100.92
Year Built Effective 1915
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Interior
Basement Finished Full
Flooring Hardwood
Total Stories 3
Basement Features Finished Full
Basement (Y/N) Y
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Exterior
Fencing Front Yard
Parking Features Attached Garage Attached Garage
Water Source Public
Total Parking 4
Parking Spaces 4
Foundation Details Concrete Perimeter
Building Area Total 4592
Waterfront Y/N N
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Internal Only
Street Number 1 482
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* Excluded Features
List By
Devaykanan Rishudeo

Listing Agent

Douglas Elliman Real Estate

Broker

516-669-3700

Contact

Affordability Calculator

$7,752
Per Month
81%
19%
0%
Monthly Principal & Interest
$6,311
Monthly Property Taxes
$1,441
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4100205 Elementary School
4099865 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/4/2026$1,025,000 Listed Price

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482 Ridgewood Ave, Brooklyn, NY, 11208 is a Commercial Property for sale at $1,025,000 with 4,592 sqft and a lot size of 0.062557. 482 Ridgewood Ave was built in 1915. The property's zip code is 11208 which is in Brooklyn, NY