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7614 4th Ave - Bankruptcy Sale: 7614 4th Avenue 0.23 Acres of Residential Land in Brooklyn, NY 11209
Investment Highlights
- Fully cleared vacant lot.
- No demolition or tenant relocation required.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.23 AC |
| Property Type | Land | ||
| Zoning | R7B - Medium-density apartment house district with lower parking requirements. Up to 55,000 BSF. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.23 AC |
| Zoning | R7B - Medium-density apartment house district with lower parking requirements. Up to 55,000 BSF. |
1 Lot Available
Lot
| Lot Size | 0.23 AC |
| Lot Size | 0.23 AC |
Description
Investment Highlights: - Vacant Land: Fully cleared vacant lot. No demolition or tenant relocation required - As-of-Right: Up to 35,000 buildable square feet - Air Rights: approximately 20,000 additional BSF from the adjacent church property - City of Yes Benefits: Inner Transit Zone eliminates parking; bonus density available through UAP program - Direct Transit Access: R train entrance on the block; 35 min to Wall Street, 45 minutes to Midtown - Established Neighborhood: Strong schools, waterfront parks, and diverse retail corridors support consistent tenant demand Auction Information: BID DEADLINE: TUESDAY, MARCH 10TH BY 5:00 PM AUCTION DATE: THURSDAY, MARCH 12TH AT 2:30 PM Opening Bid: $6,300,000 (Sale Subject to Bankruptcy Court Approval)
Property Taxes
| Parcel Number | 05950-0047 | Improvements Assessment | $0 |
| Land Assessment | $138,600 | Total Assessment | $138,600 |
Property Taxes
Presented by
7614 4th Ave - Bankruptcy Sale: 7614 4th Avenue
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