Rare Opportunity in Prime Bay Ridge - 5-Family Plus Storefront !!! Located right on 3rd Avenue and Bay Ridge Avenue, this 5-family building with storefront offers incredible flexibility for investors, developers, or end-users. Situated in the heart of Bay Ridge, this mixed-use property features: Back of Building: -3 floors, each with 1 bedroom apartment (possible conversion to 2 bedrooms) -Great natural light and efficient layouts. Front of Building: - 2 floors, each with 2 bedrooms (possible conversion to 3 bed-rooms) - Includes a ground-level retail store, ideal for owner-use or rental income. Zoned for both residential and commercial use, this property offers significant income potential and upside with minimal renovation. Minutes from shopping, dining, and public transportation, it's perfect for live-in owners, investors, or redevelopment. Don't miss this rare find in the heart of Bay Ridge! MLS Approve- No financial provided at this time. Upon request only
Sold for $1,200,000
$1,200,000
312 Bay Ridge Ave, Brooklyn, NY 11220
--beds
0baths
--sqft
Mixed Use
Built in ----
1,900 Square Feet Lot
$1,413,600 Zestimate®
$--/sqft
$4,586 Estimated rent
Home value
$1,413,600
$1.20M - $1.65M
$4,586/mo
Zestimate® history
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$4,586/mo
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$6,906/mo
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Great natural lightEfficient layouts
Zillow last checked:
Listing updated:
Listed by:
Ilona Fotiadou-Bludov 917-279-9730,
Nord East Realty Group LLC
Source: BNYMLS,MLS#: 493457
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Natural Gas, Hot Water
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood
- Basement: Full,Unfinished
Property
Parking
- Parking features: None
Features
- Stories: 3
Lot
- Size: 1,900 sqft
- Dimensions: 19x100
- Features: Back Yard, Irregular Lot
Details
- Parcel number: 058720015
- Special conditions: Arm's Length
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Utilities & green energy
- Electric: 220 Volts
Community & neighborhood
Location
- Region: Brooklyn
- Subdivision: Brooklyn
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Sold | $1,200,000-32.6% |
Source:  BNYMLS #493457 Report a problem | ||
| 7/16/2025 | Pending sale | $1,780,000 |
Source: BNYMLS #493457 Report a problem | ||
| 6/26/2025 | Price change | $1,780,000-10.5% |
Source: BNYMLS #493457 Report a problem | ||
| 6/13/2025 | Listed for sale | $1,988,888+22.2% |
Source: BNYMLS #493457 Report a problem | ||
| 10/31/2022 | Listing removed | -- |
Source: BNYMLS #461005 Report a problem | ||
| 9/2/2022 | Price change | $1,628,000-5.8% |
Source: BNYMLS #461005 Report a problem | ||
| 6/27/2022 | Price change | $1,728,000+1.9% |
Source: BNYMLS #461005 Report a problem | ||
| 4/24/2022 | Listed for sale | $1,695,000-5.2% |
Source: BNYMLS #461005 Report a problem | ||
| 4/24/2022 | Listing removed | -- |
Source: BNYMLS #456668 Report a problem | ||
| 10/25/2021 | Listed for sale | $1,788,000-3.4% |
Source: BNYMLS #456668 Report a problem | ||
| 10/19/2021 | Listing removed | -- |
Source: BNYMLS #455276 Report a problem | ||
| 9/13/2021 | Price change | $1,850,000-2.1% |
Source: BNYMLS #455276 Report a problem | ||
| 9/3/2021 | Listed for sale | $1,890,000 |
Source: BNYMLS #455276 Report a problem | ||
| 9/1/2021 | Listing removed | -- |
Source: BNYMLS #451140 Report a problem | ||
| 5/19/2021 | Price change | $1,890,000-4.5% |
Source: BNYMLS #451140 Report a problem | ||
| 5/15/2021 | Listed for sale | $1,980,000+698.4% |
Source: BNYMLS #451140 Report a problem | ||
| 1/23/2015 | Listing removed | $1,175 |
Source: Maximillion Realty, Inc. Report a problem | ||
| 1/21/2015 | Price change | $1,175-9.6% |
Source: Maximillion Realty, Inc. Report a problem | ||
| 1/8/2015 | Price change | $1,300+10.6% |
Source: Maximillion Realty Inc Report a problem | ||
| 12/11/2014 | Listed for rent | $1,175 |
Source: Maximillion Realty Inc Report a problem | ||
| 12/31/1996 | Sold | $248,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,816 -0.5% | $469,350 +11.4% |
| 2024 | $20,921 | $421,200 +7.8% |
| 2023 | -- | $390,600 -1.4% |
| 2022 | -- | $396,000 +8.5% |
| 2021 | -- | $364,950 -8.9% |
| 2020 | $16,056 | $400,500 -0.9% |
| 2019 | $16,056 | $404,100 +239% |
| 2018 | -- | $119,219 +3.2% |
| 2017 | $14,689 +6.6% | $115,492 +8% |
| 2016 | $13,777 | $106,938 +8% |
| 2015 | $13,777 +58.1% | $99,021 |
| 2014 | $8,711 | $99,021 |
Find assessor info on the county website
Neighborhood: Bay Ridge
Nearby schools
GreatSchools rating
- 6/10Ps 102 The BayviewGrades: K-5Distance: 0.2 mi
- 7/10Jhs 259 William MckinleyGrades: 6-8Distance: 0.9 mi
- 5/10Fort Hamilton High SchoolGrades: 9-12Distance: 0.9 mi
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