Listed by HL Dynasty RE
Unpriced
342 Ridgewood Avenue
Details
APN 03334 / 0025
Property Type Mixed Use
Square Footage 4,500
Units 7
NOI $100,396
Occupancy 85.71%
Tenancy Multi
Pro-Forma NOI $160,396
Year Built 1920
Stories 3
Lot Size (SqFt) 2,000
Investment Type Value Add
Ground Lease No
Mixed Use | 4,500 SqFt
Marketing description
342 Ridgewood Avenue is a relatively updated mixed-use property in Cypress Hills, Brooklyn, featuring five residential units and two commercial spaces. The residential mix includes four 2-bedroom apartments and one 1-bedroom apartment. The commercial component includes one tailor tenant and one currently vacant commercial space that offers upside. Tenants pay their own utilities, creating low owner expenses and an attractive in-place income profile with additional leasing upside.
Investment highlights
- Current In-Place Income
- Vacant Commercial Upside
- Low Owner Expenses
- Relatively Updated Building
- Mixed-Use Asset
Listing Contacts
Listed by HL Dynasty RE
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$100,396.00
$8,366.33/mo
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
R4 ResidentialTwo FamilyDetached Residence
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 99 uses
View all 99 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
