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6916 4th Ave
Brooklyn, NY 11209
Retail Property For Sale

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.

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
$3,238,014 CAD
Price Per SF
$893.74 CAD
Cap Rate
4.28%
NOI
$138,465 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

Property Taxes

Property Taxes

Parcel Number
05872-0048
Land Assessment
$35,250 CAD
Improvements Assessment
$80,785 CAD
Total Assessment
$116,034 CAD
  • Listing ID: 36561763

  • Date on Market: 2025-07-01

  • Last Updated:

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

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