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$1,900,000
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Property Description
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!
Full Property Details
Full Property Details for 576 Ridgewood Ave
General
- Price: $1,900,000
- Taxes: $6,265
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1019334
- Updated: 7/7/2026
- Added to Site: 13 day(s) ago
Business
- Business Type: Convenience Store
Parking
- Total Spaces: 3
- Parking Features: Garage
Location
- County: Kings (Brooklyn)
School Information
- High School District: Brooklyn 19
- Elementary School: Ps 89 Cypress Hills
- Middle School: Is 171 Abraham Lincoln
- High School: Highland Park Community School
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard
- Heating Zones: 4
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Partially Finished
- Building Size: 3420
- Square Feet: 3,420
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.0376
- Lot Size (Sq. Ft.): 1,640
- Zoning: R5
Financial Considerations
- Tax Amount: $6,265.64
Disclosures and Reports
- Special Conditions: None
- Property ID: 04136-0023
Listed by East Point Realty LLC
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Schools
Schools serving 576 Ridgewood Ave
School District:New York City Geographic School District 19
| Name | Grades | Distance |
|---|---|---|
Ps 7 Abraham Lincoln 858 Jamaica Avenue, Brooklyn, NY 11208 | K-5 | 0.3 mi |
Highland Park Community School 528 Ridgewood Avenue, Brooklyn, NY 11208 | 6-8 | 0.1 mi |
Is 171 Abraham Lincoln 528 Ridgewood Avenue, Brooklyn, NY 11208 | 6-8 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 576 Ridgewood Ave
Date
Details
Price
Change
Source
7/04/2026
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 576 Ridgewood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,327
—
$229,950
354%
2025
$6,327
8%
$50,619
-78%
2024
$5,860
—
$232,650
8%
2023
$5,860
5%
$216,000
20%
2022
$5,571
8%
$180,000
29%
2021
$5,159
6%
$139,950
-18%
2020
$4,857
8%
$170,280
—
2019
$4,497
1%
$170,280
372%
2017
$4,443
—
$36,054
3%
2017
$4,443
7%
$34,935
8%
2016
$4,170
8%
$32,348
8%
2015
$3,859
-22%
$29,952
8%
2014
$4,928
7%
$27,734
8%
2013
$4,620
—
$25,680
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 576 Ridgewood Ave
576 Ridgewood Avenue, Brooklyn, NY 11208 (MLS# 1019334) is a Commercial property. 576 Ridgewood Avenue is currently listed for $1,900,000 and was received on July 04, 2026. Want to learn more about 576 Ridgewood Avenue? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

