Community Service
7910 4th Ave C1 Brooklyn, NY 11209
New
For Sale
$880,000
Brand new community service center offering two entrances, two restrooms, and full accessibility within a tax-abatement program.
Property Size2,100 SF
Price / SF$419.05
Days on Market3
Property Features for 7910 4th Ave C1
General Information
- Standard status
- Active
- Size
- 2,100 SF
- Property subtype
- Commercial
Listing Agency:
King Zone Realty Inc
(718) 871-0888
Listed By:
Xiao Xian (Isabel) Zhen
(718) 871-0888
Source:
Elliman
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 23 at 5:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of King Zone Realty Inc
Investment Insights
Based on property information with market context.
Brand new construction community service center in Bay Ridge (south Brooklyn) offered for sale. The space is approximately 2,100 square feet and features a well-proportioned, practical layout with ample ceiling height. Designed for community use, it includes two separate entrances, two restrooms, and elevator/stairs access, with full accessibility throughout. The building is in brand new condition with no additional renovation required.
The offering is positioned for transit convenience, with the R train within a short distance. The property also benefits from an approximately 25-year tax abatement.
The configuration supports a range of community-oriented activities, including after-school tutoring, community classrooms, art workshops, non-profit organization offices, mutual aid societies, and small fitness or dance studio operations, as well as other community service uses.
The offering is positioned for transit convenience, with the R train within a short distance. The property also benefits from an approximately 25-year tax abatement.
The configuration supports a range of community-oriented activities, including after-school tutoring, community classrooms, art workshops, non-profit organization offices, mutual aid societies, and small fitness or dance studio operations, as well as other community service uses.
Key Highlights
- Brand new community service center in Bay Ridge, South Brooklyn, about 2,100 SF
- Two separate entrances with two restrooms, supporting flexible use and convenient access
- Elevator and stairs available, with full accessibility built to community space standards
Financial Insights For Office B
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 | $90.7k | $43.20 |
| − Vacancy | −$20.9k | −$9.94 |
| EGI | $69.9k | $33.26 |
| − OpEx | −$17.5k | −$8.32 |
| NOI | $52.4k | $24.95 |
2,100 SF · lease $43.20/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$748.4K
$654.9K – $873.2K
NOI $52,391 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.74M
$1.52M – $2.03M
NOI $121,716 @ 7.0% cap · market cap 13.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Brand new community service center offering two entrances, two restrooms, and full accessibility within a tax-abatement program.
Where is this office units located?
The property is located at 7910 4th Ave C1 Brooklyn, NY.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: Brand new community service center in Bay Ridge, South Brooklyn, about 2,100 SF; Two separate entrances with two restrooms, supporting flexible use and convenient access; Elevator and stairs available, with full accessibility built to community space standards
