349 Ridgewood Ave, Brooklyn, NY 11208

349 Ridgewood Avenue offers a rare opportunity to acquire a mixed-use building in a strong, high-demand Brooklyn corridor. Built in 1915 and modernized in 2013, this 3-story, 3,388 SF property features three residential apartments above a ground-floor commercial unit, making it well-suited for both investors and owner-operators.

Located in East New York, near transit, retail streets, and community anchors, the building benefits from consistent rental demand and long-term neighborhood growth. The property consists of a three-family over one commercial space (S3 building class), providing stable multi-source income and flexible future upside.

With a 22.58 ft frontage, 50 ft depth, and a manageable 1,296 SF lot, this property is positioned for efficient operations, strong cash flow, and attractive tenant mix potential.

Ideal for investors seeking:

• Mixed-use cash flow

• Value-add potential

• Long-term hold in a rapidly developing Brooklyn district

• Owner-user opportunity for the commercial unit

Property Highlights:

• Mixed-use building: 3 residential units + 1 commercial space

• 3,388 SF, 3 floors, 4 total units

• Updated in 2013

• Located in Brooklyn’s Community District 5

• Easy access to transit, retail, and neighborhood amenities

• Strong rental demand and stable tenant base