Corner Retail Storefront with R7B
6901 4th Avenue Brooklyn, NY 11209
For Sale
$2,690,000
COMMERCIAL - Brooklyn, NY
Property Size1,920 SF
Lot Size0.04 Acres
Price / SF$1,401
Days on Market276
Property Features for 6901 4th Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R7B
Basement
Full, Finished
Standard status
Active
Size
1,920 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
49046
Building Details
Year built
1931
Floors in Building
1
Number of units
1
Roof type
Flat
Listing Agency:
ProBase Real Estate
(718) 210-2727
Listed By:
Xi Xian (Johnny) Pan · License #XXP4124
(646) 407-6668
Added: Oct 28, 2025
Changed: Jul 17
Last Checked: Jul 30 at 4:06AM
MLS# 496955
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This corner retail storefront is offered for sale at 6901 4th Avenue. The property is identified as a retail space of approximately 1,920 square feet. It is currently leased, with the tenant’s lease scheduled to end on 5/31/2028.
The site is described as located by the R train and at the corner of 4th Avenue and Bay Ridge Avenue, offering exposure and convenience to surrounding shopping, dining, and transportation.
The property is zoned R7B. According to the listing’s provided reference from nyc.gov, R7B districts are generally associated with higher floor area ratio and height limits than R6B, with FAR stated as 3.0 and a base height range of 40 to 65 feet before setbacks up to a maximum building height of 75 feet. The listing notes that the landlord pays property tax and insurance, while the tenant pays utilities, and all information should be verified by the buyer and their professionals.
The site is described as located by the R train and at the corner of 4th Avenue and Bay Ridge Avenue, offering exposure and convenience to surrounding shopping, dining, and transportation.
The property is zoned R7B. According to the listing’s provided reference from nyc.gov, R7B districts are generally associated with higher floor area ratio and height limits than R6B, with FAR stated as 3.0 and a base height range of 40 to 65 feet before setbacks up to a maximum building height of 75 feet. The listing notes that the landlord pays property tax and insurance, while the tenant pays utilities, and all information should be verified by the buyer and their professionals.
Key Highlights
- Prime location near the R train, 4th Avenue, and Bay Ridge Avenue, offering optimal exposure and convenience.
- R7B zoning allows for potential expansion and development into a larger, more profitable building (up to 7 stories).
- Lucrative rental income potential for investors.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $149.3k | $77.76 |
| − Vacancy | −$17.8k | −$9.25 |
| EGI | $131.5k | $68.51 |
| − OpEx | −$39.5k | −$20.55 |
| NOI | $92.1k | $47.95 |
1,920 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.32M
$1.15M – $1.53M
NOI $92,073 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.59M
$1.39M – $1.85M
NOI $111,283 @ 7.0% cap · market cap 4.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
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- Outdoor Plants NYC — 7811 3rd Ave #763, Brooklyn, NY 11209
- Enchanted Florist — 7515 5th Ave, Brooklyn, NY 11209
Frequently Asked Questions
What type of property is this?
Storefront property - Corner retail storefront at 6901 4th Avenue with R7B zoning and an in-place tenant lease ending 5/31/2028.
Where is this storefront property located?
The property is located at 6901 4th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,690,000.
What are key features of this property?
This property features: Prime location near the R train, 4th Avenue, and Bay Ridge Avenue, offering optimal exposure and convenience.; R7B zoning allows for potential expansion and development into a larger, more profitable building (up to 7 stories).; Lucrative rental income potential for investors.
