576 Ridgewood Avenue Brooklyn, NY $ 1,900,000
576 Ridgewood Avenue
$ 1,900,000
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576 Ridgewood Avenue

Brooklyn, NY, 11208
$ 1,900,000
Bedrooms-- Baths-- Sq 3,420

Monthly Estimate*

$ 11,997

576 Ridgewood Avenue, Brooklyn, NY 11208 - Image 1
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Commercial Property for sale in Brooklyn, NY

for $1,900,000. This 3,420 square foot building was built in 1920 on a lot size of 0.0376.

Welcome to this completely updated 4-Unit Mixed-Use building offering a rare combination of immaculate condition and strong income potential. This 4-unit property consist of one (1) Three-Bedroom Apartment, and two (2) One-Bedroom apartments, one (1) ground-floor retail store, and three (3) attached garage spaces. Each unit is individually metered with its own electric meter and boiler, giving the new owner the flexibility to pass heat and electric costs on to tenants and significantly reduce operating expenses. All three apartments feature brand-new wall-hung Navien tankless water heaters for efficient, on-demand hot water. Major safety and infrastructure upgrades include a full building-wide sprinkler system, plus a new steel staircase running from the ground floor to the third floor. The brand new gas meters and electric smart meters have just been installed, and the building's gas lines passed a full NYC Buildings Department inspection this year. New security gates have also been added throughout the property, including all three garages. Please note, some images have been A.I modified for clarity. Located near major shopping centers and transit lines. This building is ready to start making YOU money!

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Commercial Active

Price

$ 1,900,000

Property Type

Commercial

Taxes

$ 6,265

Style

Multi Family

Lot Size

0.0376

Year Built

1920

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

1019334

Features
General
Sewer Public Sewer
Heating Baseboard
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected
Zoning R5
Construction Materials Brick
Year Built 1920
Stories Count 1
Property Subtype Multi Family
Tax Year 2025
Parcel Number 04136-0023
Gross Income 96000
Business Type Convenience Store
County Kings (Brooklyn)
Property Type Commercial Sale
High School Highland Park Community School
City New York
High School District Brooklyn 19
Number Of Units Total 4
Elementary School Ps 89 Cypress Hills
Property Attached Y/N Y
Tax Annual Amount 6265.64
Middle/Junior High School Is 171 Abraham Lincoln
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooklyn 19
Elementary School District Brooklyn 19
Tax Assessed Value 278100
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Interior
Basement Partially Finished
Basement Features Partially Finished
Basement (Y/N) Y
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Exterior
Parking Features Garage Garage
Water Source Public
Total Parking 3
Parking Spaces 3
Building Area Total 3420
Waterfront Y/N N
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Internal Only
Street Number 1 576
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* Excluded Features
List By
Daylan Bisram

Listing Agent

East Point Realty Llc

Broker

347-990-4911

Contact

Affordability Calculator

$12,519
Per Month
96%
4%
0%
Monthly Principal & Interest
$11,997
Monthly Property Taxes
$522
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4099876 Elementary School
4100041 Middle School
Highland Park Community School High School High School
Pricing History
DatePricePrice ChangeDescription
7/4/2026$1,900,000 Listed Price

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576 Ridgewood Avenue, Brooklyn, NY, 11208 is a Commercial Property for sale at $1,900,000 with 3,420 sqft and a lot size of 0.0376. 576 Ridgewood Avenue was built in 1920. The property's zip code is 11208 which is in Brooklyn, NY