Overview
Rare opportunity to acquire a fully cleared, shovel-ready development site at 7614 4th Avenue in established Bay Ridge, Brooklyn. This 9,937 SF vacant lot offers up to 55,000 buildable square feet with direct access to the 77th Street R train station entrance on the same block.
AUCTION DETAILS
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
Investment Highlights
Vacant Land: Fully cleared vacant lot. No demolition ortenant 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 eliminatesparking; bonus density available through UAP program
Direct Transit Access: R train entrance on the block; 35min to Wall Street, 45 minutes to Midtown
Established Neighborhood: Strong schools, waterfrontparks, and diverse retail corridors support consistenttenant demand
Photo Gallery
Sales Team
