Property profile

6901 4Th Ave Brooklyn, NY 11209

FOR SALE
Retail space
Saved see the list in your Dashboard
Property ID
US63-1694255
1,835 SF 0.04 ac Built 1931
Last sale Sep 2012·$800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a parcel of commercial land located at the corner of 4th Avenue and Bay Ridge Avenue in Brooklyn, near the R train. The site is zoned R7B under NYC zoning regulations, which permits the construction of multi-family residential buildings up to six to seven stories with a floor area ratio (FAR) of 3.0. New construction is subject to zoning height requirements, including a base height (before required setbacks) between 40 and 65 feet and a maximum building height of 75 feet. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$49k
Tax billed · 2024
Assessed value$463k
Assessed land$103k
Assessed improvement$360k
Effective rate10.59%

Value estimate

· Nov 2026
$550k
$495k – $605k
CAP approach$1.36M
NOI build-up
Gross scheduled income$149k
Vacancy & credit loss−$18k
Operating expenses−$39k
NOI · 3.42% cap applied$92k

Realmo valuation models over county records and 26 qualifying comparable sales.

Recently sold

What actually traded nearby?
$770/SF
Submarket average, outlier-cleaned · 291 recorded sales of this use type
Observed band · Q1–Q3$457 – $1,224
Qualifying comparables26

Cap rate analysis

How does the asset earn?
3.42%
$92k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R7B
This district is designed to supports medium to high density housing, particularly in areas well served by public transportation and comm...
General categoryRESIDENTIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency75.2
Law Firm54.2
Parking Facility39.2

Location

6901 4Th Ave Brooklyn, NY 11209
County assessor Recorded deeds · 6 transfers 26 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7509 3rd, Brooklyn, NY 11209-3103 $2,200,000 Apr 2025 2,660 SF
9305 5th, Brooklyn, NY 11209-7007 $17,000,000 Dec 2024 12,880 SF
9206 3rd, Brooklyn, NY 11209-6812 $1,525,000 Sep 2024 2,120 SF
9201 4th, Brooklyn, NY 11209-7006 $15,560,099 Nov 2023 79,173 SF
430 89th, Brooklyn, NY 11209-5906 $3,600,000 Jan 2022 10,000 SF
169 98th, Brooklyn, NY 11209 $675,000 Mar 2019 4,270 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?