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Development Site 9904 4th Ave 4,508 SF 19% Leased Retail Building Brooklyn, NY 11209 $17,315,499 CAD ($3,841.06 CAD/SF)



Executive Summary
Prime Development Opportunity | Bay Ridge, Brooklyn
A truly rare offering—this expansive 100’ x 167’ corner parcel is positioned at the highly visible intersection of 4th Avenue and 99th Street, in the heart of Bay Ridge.
Strategic Location
Ideally situated just minutes from the Belt Parkway and the Verrazzano-Narrows Bridge, the property offers seamless connectivity via the R train as well as express bus lines (X27, X37), providing direct access to Manhattan and beyond.
Exceptional Buildable Potential
Zoned R6A, R4-1, and C1-3, the site offers the potential for 43,000+ buildable square feet (BSF), presenting a significant opportunity for large-scale residential or mixed-use development.
Ideal for Luxury Development
The generous lot dimensions create a true blank canvas—perfectly suited for a signature luxury condominium project. Upper floors may capture sweeping views of the Verrazzano Bridge, New York Harbor, and the Manhattan skyline, enhancing long-term value and marketability.
Strong Market Fundamentals
Recent new-development condominium sales in the area have exceeded $1,200 per square foot, underscoring the strength of the local market and the upside potential for a well-executed project.
Prominent Corner Presence
With 100 feet of frontage along 4th Avenue, the property offers exceptional visibility, branding potential, and flexible design and access options—ideal for retail integration or a distinguished residential entrance.
A truly rare offering—this expansive 100’ x 167’ corner parcel is positioned at the highly visible intersection of 4th Avenue and 99th Street, in the heart of Bay Ridge.
Strategic Location
Ideally situated just minutes from the Belt Parkway and the Verrazzano-Narrows Bridge, the property offers seamless connectivity via the R train as well as express bus lines (X27, X37), providing direct access to Manhattan and beyond.
Exceptional Buildable Potential
Zoned R6A, R4-1, and C1-3, the site offers the potential for 43,000+ buildable square feet (BSF), presenting a significant opportunity for large-scale residential or mixed-use development.
Ideal for Luxury Development
The generous lot dimensions create a true blank canvas—perfectly suited for a signature luxury condominium project. Upper floors may capture sweeping views of the Verrazzano Bridge, New York Harbor, and the Manhattan skyline, enhancing long-term value and marketability.
Strong Market Fundamentals
Recent new-development condominium sales in the area have exceeded $1,200 per square foot, underscoring the strength of the local market and the upside potential for a well-executed project.
Prominent Corner Presence
With 100 feet of frontage along 4th Avenue, the property offers exceptional visibility, branding potential, and flexible design and access options—ideal for retail integration or a distinguished residential entrance.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
4,508 SF
Building Class
C
Year Built
1950
Price
$17,315,499 CAD
Price Per SF
$3,841.06 CAD
Percent Leased
19%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.52
Lot Size
0.20 AC
Zoning
R6A, R4-1, C1-3 - Medium density residential district
Frontage
Amenities
- Banking
Space Availability
- Space
- Size
- Space Use
- Position
- Available
**Contact Broker for Pricing**
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,669 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 3,669 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 3,669 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
**Contact Broker for Pricing**
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06134-0022 | Improvements Assessment | $1,774,497 CAD |
| Land Assessment | $354,278 CAD | Total Assessment | $2,128,774 CAD |
Property Taxes
Parcel Number
06134-0022
Land Assessment
$354,278 CAD
Improvements Assessment
$1,774,497 CAD
Total Assessment
$2,128,774 CAD
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Presented by
82 Realty Group
Development Site | 9904 4th Ave
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