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6916 4th Ave 3,623 SF 100% Leased Retail Building Brooklyn, NY 11209 $3,322,290 CAD ($917.00 CAD/SF) 4.28% Cap Rate

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EXECUTIVE SUMMARY

Great news for investors! Presenting a mixed-use building with an R7B overlay and C2-3 zoning, just minutes from the train station and Great news for investors! This mixed-use building with an R7B overlay and C2-3 zoning is just minutes from the train station and close to everything Bay Ridge has to offer. The ground-floor commercial space is leased to a restaurant business with three years remaining on the lease and a 2% annual rent increase. The second and third floors each feature four bedrooms, a living room, a kitchen, and a full bathroom, with both residential units currently tenant-occupied without leases. With a prime location and strong rental income, this is an opportunity you don’t want to miss! Conveniently close to everything Bay Ridge has to offer. The ground-floor commercial space is currently leased to a restaurant business with 3 years remaining on the lease and a 2% annual rent increase. The second floor features four bedrooms, a living room, a kitchen, and a full bathroom, while the third floor mirrors the same layout with four bedrooms. Both residential units are currently tenant-occupied without leases.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,623 SF
Building Class
C
Year Built
1935
Price
$3,322,290 CAD
Price Per SF
$917.00 CAD
Cap Rate
4.28%
NOI
$142,068 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.77
Lot Size
0.03 AC
Zoning
R7B - Medium-density apartment house district with lower parking requirements
Frontage
19’ on Fourth Ave
Walk Score®
Walker's Paradise (92)
Transit Score®
Rider's Paradise (94)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

New York Sports Club
Key Food
Flushing Bank
Capital One
Bank of America
Dime Community Bank
Citibank
Tex's Chicken & Burgers
Starbucks
Valley National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05872-0048
Land Assessment
$35,981 CAD (2025)
Improvements Assessment
$82,459 CAD (2025)
Total Assessment
$118,439 CAD (2025)
  • Listing ID: 36561763

  • Date on Market: 2025-07-01

  • Last Updated:

  • Address: 6916 4th Ave, Brooklyn, NY 11209

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