7910 4th Ave, Brooklyn, NY 11209

Property Description

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.