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Bay Ridge

6901 4th Ave, Brooklyn, NY 11209

Located in the vibrant neighborhood of Bay Ridge, this prime building at the corner of 4th Avenue and Bay Ridge Avenue offers exceptional visibility and accessibility, with the R train just a stone's throw away. The property is strategically positioned near a plethora of shopping and dining options, making it a sought-after location for both residents and investors alike. With R7B zoning, the building presents a unique opportunity for expansion and development, allowing for the construction of multifamily units that can significantly enhance rental income potential. The zoning regulations permit a floor area ratio (FAR) of 3.0, facilitating the creation of six- to seven-story structures, which are ideal for maximizing investment returns. This site is not just a building; it's a canvas for future growth in a thriving community. The current lease is in place until May 31, 2028, providing immediate income while planning for potential redevelopment. With the right vision, this property can be transformed into a more profitable asset in the heart of Bay Ridge.

Total Units: 1

For Sale: 1

For Rent: 0

Building type: Attached

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Bay Ridge

6901 4th Ave, Brooklyn, NY 11209

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