7910 4Th AveBrooklyn, NY 11209

Property Details for 7910 4Th Ave

Year built

1925

Lot size

0.07 AC

Property size (Sq ft)

13,431 SF

Zone code

R7B

Property type

Retail residential properties

APN

05979-0044

APU

59790044

Description

This exceptional 2,800 square foot single-tenant office space presents a unique opportunity in the thriving Bay Ridge neighborhood of Brooklyn, New York. Located at 7910 4th Avenue, zip code 11209, this new development is ideally suited for a variety of uses, including medical offices, traditional office spaces, daycare centers, and other community facilities. The property's versatile design allows for seamless adaptation to diverse operational needs. A significant advantage is the expansive rear terrace, offering ample outdoor space, perfect for staff breaks, patient interaction, or simply enjoying the vibrant Brooklyn atmosphere. The building's location in Bay Ridge provides excellent accessibility, with convenient access to public transportation and major roadways. The property is classified as Office, Special Purpose, and is available as a single-tenant occupancy. This presents a rare chance to secure a substantial, well-appointed space in a highly desirable area. The building is compliant with regulations for medical and daycare operations. This turnkey solution offers immediate occupancy and the potential for significant return on investment. Don't miss this chance to establish your business in this dynamic Brooklyn community.

• CAP approach

  CAP return

  Valuation

  6%

  $2,753,476

  6.5%

  $2,541,670

  7%

  $2,360,123

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,720,086

  Geo Method

  $2,720,086

• Alternative Use

  Use

  Valuation

  Residential

  $2,541,670

  Hospitality

  $2,328,156

  Educational

  $1,936,999

  Medical

  $2,003,615

  Retail

  $3,013,110

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6277

Longitude

-74.0267

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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