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About This Home
This 0-bedroom, 0-bathroom commercial at 6901 4th Avenue in Brooklyn, NY is listed for $2,690,000 ($1,401 per sqft). Built in 1931, the home offers 1,920 sqft of living space on a 0.04 acres lot.
Location Location Location! Investors and developers come discover this gem in the prime golden location right by the R train in the corner of 4th Avenue and Bay Ridge Avenue with optimum exposure and convenience near shopping, dining and transportation!
You can either enjoy promising and lucrative rental income or the potential to expand and build into a more profitable asset. R7B Zoning!!! According to nyc.gov (are similar to those of R6B districts but the higher floor area ratio(FAR) and height limit generally produce six-to seven-story apartment buildings rather than the rowhouses typical of R6B districts.
The FAR is 3.0; the base height of a new building before setback must be between 40 and 65 feet before rising to a maximum building height of 75 feet.) All Info Not Guaranteed, Prospective Buyer Should Re-Verify All Info By Self and consult your architect! Don't miss this golden opportunity! Additional notes: current tenant's lease ends 5/31/2028, landlord pays property tax and insurance, tenant pays utilities.
Key Features
- Built in 1931
- 0.04 acre lot
Property Details
Monthly Cost Estimate
$14,387/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
6901 4th Avenue
Brooklyn, NY 11209
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 6901 4th Avenue is listed at $2,690,000 ($1,401/sqft). The estimated monthly payment is $11,657 based on 20% down at 6.5% interest.
Key features include: Built in 1931, 0.04 acre lot.
This property is listed by Xi Xian (Johnny) Pan and can be reached at (646) 407-6668 or johnnyprobase@gmail.com.
