6901 4Th Ave Brooklyn, NY 11209
Property Features for 6901 4Th Ave
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 0.04 Acres
Building Details
- Year built
- 1931
Source:
Elliman
Listing Agent: Farrah Mei
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Prime Corner Lot Near Transportation
This commercial land is located at the corner of 4th Avenue and Bay Ridge Avenue, near the R train. The property's location offers exposure and convenience near shopping, dining, and transportation. It is zoned R7B, which, according to nyc.gov, is similar to R6B districts but allows for a higher floor area ratio (FAR) and height limit, generally producing six- to seven-story apartment buildings. The FAR is 3.0, and the base height of a new building before setback must be between 40 and 65 feet, with a maximum building height of 75 feet. The current tenant’s lease ends on May 31, 2028. The landlord is responsible for property tax and insurance, while the tenant covers utilities. The property offers potential for rental income or expansion and development.
Location Intelligence
Current Use by Public Records
PLS Check Cashers
Check Cashing
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.023313
- Latitude
- 40.634275
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Corner lot near R train with development potential.
Where is this commercial land located?
The property is located at 6901 4Th Ave 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 excellent 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.
