Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
342 Ridgewood Avenue
Active For Sale Multi Family

$2,300,000

$638 per sq ft

342 Ridgewood Avenue

Cypress Hills, Brooklyn

MLS® #RLS20064003

RLS at REBNY

Listing by Batra Group Inc

9

Bedrooms

5

Baths

3,604

Sq. Ft.

1915

Year Built

Quick Summary

Bedrooms 9
Bathrooms 5
Living Area 3,604 sq ft
Lot Size 3,100 sq ft
Year Built 1915
Ownership None
Property Taxes $20,705/yr
Parking Garage
Neighborhood Cypress Hills

Property Highlights

  • Outdoor Space: Patio
  • Style: Prewar,WalkUp architecture
  • Parking: Private garage

Property Details

Type Multi Family
Ownership None
Total Rooms 9
Baths 5 Full
Pets Yes
Cross Street Richmond Street/Chestnut Street
Year Built 1915
Living Area 3,604 sq ft
Parking Garage Available
Architectural Style Prewar,WalkUp
Lot Size 3,100 sq ft
Parcel # 04127-0031
Block/Lot 4127/0031

Description

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.

Features & Amenities

Interior Features

See Remarks

Exterior Features

Building Garden Private Outdoor Space Under60 Sqft Patio

Building Information

Stories 3
Style Prewar,WalkUp

Financial Details

RE Taxes $20,705/yr ($1,725/mo)

Cypress Hills offers a unique residential experience with a blend of urban convenience and local charm. The real estate market provides a variety of options for buyers seeking space, value, and a strong sense of community in one of New York City's evolving neighborhoods.

Cypress Hills Live Market Data

View Neighborhood

Active Listings

5

Median Asking Price

$898K

Median $/Sqft

$478

Avg Days on Market

N/A

New This Week

1

Price Reduced

20%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 2/16/26, 11:28 PM EST

Recently Sold in Cypress Hills

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Location

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342 Ridgewood Avenue, Cypress Hills, Kings County • Near Richmond Street/Chestnut Street

MLS® ID: RLS20064003
First Listed: 12/18/2025
On Market: 12/17/2025
Price Changed: 12/18/2025
Contract Date: 12/17/2025

Listing Courtesy of Batra Group Inc - Jasjit S Batra

Listing Contact: (917) 477-9804

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 2/17/2026 at 4:28 AM UTC

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