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Homes for sale in Brooklyn
Mixed Use

7910 4th Avenue

Brooklyn, NY 11209
$7,500,000
Beds
20
Baths
10 + 2 half
Sq ft
13,431
Year built
1925

Listing courtesy of Hui Yu, Compass

About this home

Welcome to 7910 4th Avenue, Brooklyn —Brand-New 2025 construction!
Income-producing investment property ,ideally situated in the heart of Bay Ridge, one of Brooklyn’s most convenient and desirable neighborhoods.

This modern elevator building features 10 fully occupied residential units, generating immediate rental income, plus an estimated 2,100-square-foot cellar offering exceptional potential for a variety of permitted uses, including a medical office, veterinary clinic, daycare center, law office, community facility, and more, subject to applicable zoning and approvals.

Adding to its investment appeal is a proposed 25-year tax abatement, with approval anticipated soon. Once approved, the annual property taxes are estimated to be under $10,000, potentially enhancing the property’s long-term cash flow and investment returns.

Enjoy outstanding convenience with close proximity to the R train, MTA bus service, Shore Road, Owls Head Park, Bay Ridge’s renowned restaurants, popular shopping destinations, and an upcoming Trader Joe’s supermarket.

An outstanding opportunity for investors seeking a turnkey, income-producing asset or a potential 1031 exchange investment. With modern construction, full occupancy, additional space with versatile potential, and the anticipated tax benefits, this property presents a compelling opportunity in one of Brooklyn’s established residential neighborhoods.

Details

Property

Type
Mixed Use
Year built
1925
Stories
6
Subdivision
Bay Ridge
County
Kings

Interior

Flooring
Laminate, Tile
Cooling
Other
Heating
Electric
Laundry
Laundry Room, See Remarks
Furnished
Unfurnished

Community and fees

Pets
Building No, No
Annual taxes
$136,848

Neighborhood

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