6916 4th Ave Brooklyn, NY 11209
Bay Ridge NeighborhoodEstimated payment $13,490/month
Highlights
- Wood Flooring
- 1-minute walk to Bay Ridge Avenue
- Back Yard
- P.S. 102 The Bayview School Rated A
- Heating System Uses Steam
About This Home
Great news for investors! Presenting a mixed-use building with an R7B overlay and C2-3 zoning, just minutes from the train station and Great news for investors! This mixed-use building with an R7B overlay and C2-3 zoning is just minutes from the train station and close to everything Bay Ridge has to offer. The ground-floor commercial space is leased to a restaurant business with three years remaining on the lease and a 2% annual rent increase. The second and third floors each feature four bedrooms, a living room, a kitchen, and a full bathroom, with both residential units currently tenant-occupied without leases. With a prime location and strong rental income, this is an opportunity you don’t want to miss! Conveniently close to everything Bay Ridge has to offer. The ground-floor commercial space is currently leased to a restaurant business with 3 years remaining on the lease and a 2% annual rent increase. The second floor features four bedrooms, a living room, a kitchen, and a full bathroom, while the third floor mirrors the same layout with four bedrooms. Both residential units are currently tenant-occupied without leases.
Listing Agent
RE/MAX Real Estate Professionals License #10401235357 Listed on: 03/03/2025
Property Details
Property Type
- Other
Est. Annual Taxes
- $11,796
Year Built
- Built in 1935
Lot Details
- 1,475 Sq Ft Lot
- Lot Dimensions are 75 x 20
- Back Yard
- Property is zoned R7B/C2-3
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Poured Concrete
Interior Spaces
- 3,623 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Tile
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Cellar
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5872
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $7,430
- Gross Income $126,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,754 | $83,940 | $25,500 | $58,440 |
| 2024 | $11,754 | $90,300 | $25,500 | $64,800 |
| 2023 | $11,796 | $85,140 | $25,500 | $59,640 |
| 2022 | $10,939 | $92,280 | $25,500 | $66,780 |
| 2021 | $10,879 | $84,180 | $25,500 | $58,680 |
| 2020 | $5,102 | $78,840 | $25,500 | $53,340 |
| 2019 | $10,202 | $78,840 | $25,500 | $53,340 |
| 2018 | $9,867 | $48,402 | $14,852 | $33,550 |
| 2017 | $9,308 | $45,663 | $15,021 | $30,642 |
| 2016 | $8,612 | $43,079 | $17,000 | $26,079 |
| 2015 | $5,196 | $40,641 | $17,788 | $22,853 |
| 2014 | $5,196 | $40,641 | $19,213 | $21,428 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | For Sale | $2,380,000 | -- | $657 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,130,000 | -- | |
| Deed | $1,130,000 | -- | |
| Deed | $1,130,000 | -- | |
| Deed | $870,000 | -- | |
| Deed | $870,000 | -- | |
| Bargain Sale Deed | $470,000 | Commonwealth Land Title Ins | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Bargain Sale Deed | $470,000 | Commonwealth Land Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | Commercial | |
| Closed | $600,000 | Commercial | |
| Previous Owner | $460,400 | Commercial | |
| Previous Owner | $280,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 489651
APN: 05872-0048
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