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342 Ridgewood Avenue, Brooklyn NY 11208
342 Ridgewood Avenue, Brooklyn NY 11208
342 Ridgewood Avenue, Brooklyn NY 11208
342 Ridgewood Avenue, Brooklyn NY 11208
342 Ridgewood Avenue, Brooklyn NY 11208
342 Ridgewood Avenue, Brooklyn NY 11208
342 Ridgewood Avenue, Brooklyn NY 11208
342 Ridgewood Avenue, Brooklyn NY 11208
New York>New York>Cypress Hills

342 Ridgewood AvenueBrooklyn, NY 11208

For Sale

$2,300,000

Smart Buyer Rebate $28,750

5 Residential Units - x4 w/2 bedrooms, x1 w/ 1 bedroom, all 1 bath

1 Retail Space Unit

1 Restaurant Space Unit

Property is currently used as owner user. The property owner manages the restaurant and collects rent on 5 residential apartments, and retail space on the ground floor. Current owner has invested a significant amount of capital to update all of the entire building: Updated apartment units: floors, kitchens, paint, hallways and common areas, lighting, roof, heating and cooling. Owner has invested heavily in the brand new restaurant recently opened featuring: brand new kitchen, counter top food warmer, full size hood, convection ovens, stove tops, grill, prep station, rotisserie oven, basement storage, walk-in refrigerator, walk-in freezer. Dining room seats up to 32 guests, includes 16 -2 person tables. Brand new bathroom. Office space and top of the line security system. All units are rented under market value.

Listed by Jasjit S Batra

·

Batra Group Inc

·

(917) 477-9804

Last updated January 30, 2026

·

Source: REBNY #RLS20064003

Listing Facts

  • TypeMulti-family
  • NeighborhoodCypress Hills
  • Days on Prevu45
  • Taxes$20,705/year
  • Size3,604 sqft
  • Price per sqft$638

Amenities

  • Private Outdoor Space
  • Pets Allowed

Location

Mortgage Calculator

Listing History

12/17/2025
Listed by Batra Group Inc
$2,300,000

Estimated Closing Costs

Total
$84,020
Attorney Fees
$4,000
NYC Mansion Tax
$28,750
Title Insurance
$10,350
Bank Attorney
$1,500
Mortgage Recording Tax
$35,420
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $2,300,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 342 Ridgewood Avenue

Association

Amenities

  • Pets Allowed: Building Yes, Yes

Exterior

Construction

  • Stories Total: 3
  • Year Built: 1915
  • Architectural Style: Prewar

Features

  • Patio And Porch Features: Patio

Measurements

  • Building Area Total: 3,604
  • Building Area Units: SquareFeet
  • Lot Size Area: 3,100
  • Lot Size Dimensions: 31
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 04127-0031
  • Tax Annual Amount: $20,705.00

Interior

Measurements

  • Living Area: 3,604
  • Living Area Units: SquareFeet

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Cypress Hills
  • Tax Block: 4127
  • Tax Lot: 0031

Parking

Parking

  • Garage: Yes

Utilities

Equipment

  • Laundry Features: See Remarks
  • Other Equipment: Intercom

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 342 Ridgewood Avenue.

What are the annual taxes for 342 Ridgewood Avenue?

Annual taxes for this multi-family home are estimated at $20,705.

How does 342 Ridgewood Avenue compare to other multi-family homes in Cypress Hills?

This multi-family home is listed 119% above the average price for multi-family homes in Cypress Hills and has been on the market for 79 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,604 sqft.

342 Ridgewood Avenue is a -bedroom multi-family home for sale in Brooklyn NY 11208. Listed on Prevu for 45 days at $2,300,000. This residence features 3,604 square feet of living space, located in Cypress Hills. The median listing price for multi-family homes in this area is $899,900. Property amenities include private outdoor space and pets allowed. View other multi-family home listings in New York.

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.