9101 4Th AveBrooklyn, NY 11209

  • Office properties
  • 8,325 SF
For Lease
$31.93/SF/YR View listing

Property Details for 9101 4Th Ave

Year built
1910
Lot size
0.07 AC
Property size (Sq ft)
8,325 SF
Zone code
C8-2
Property type
Office properties
Property subtype
Office buildings
APN
06087-0011
APU
60870011

Description

This exceptional 2,800 square foot office space is located in a three-story elevator building at 9101 4th Avenue in Bay Ridge, Brooklyn, Kings County. Built in 1910, the building boasts a sturdy steel and masonry structure, allowing for easy reconfiguration to suit diverse business needs. Currently configured as medical office space, the property features a large reception area, six patient rooms, two conference rooms, a kitchenette, two private restrooms, and one public restroom, along with a spacious waiting area. The lot size is 3,388 square feet. The ceiling height varies throughout the space. Direct elevator access is a key advantage, with the option to disable elevator access outside of operating hours. The asking rent is inclusive of taxes. The owner offers a significant incentive: at least three months of free build-out time for new tenants. This presents a unique opportunity to customize the space to perfectly match your business requirements. The single-tenant occupancy provides privacy and control. Schedule a viewing at your convenience.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,376,371
    6.5%
    $1,270,496
    7%
    $1,179,747
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,087,744
    Geo Method
    $1,087,744
  • Alternative Use

    Use
    Valuation
    Residential
    $1,575,416
    Hospitality
    $1,443,072
    Educational
    $1,200,619
    Medical
    $1,241,910
    Retail
    $1,867,630
9101 4Th Ave, Brooklyn, New York
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Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6189
Longitude
-74.0296
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$88,227
$122,850
$892,800
$1,015,650
-
$273,000
$1,984,000
$2,257,000

FAQs

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