Prime Bay Ridge Mixed-Use Investment Opportunity! Welcome to 9218 4th Avenue, Brooklyn, NY 11209, a well-maintained mixed-use property offering outstanding income and investment potential. Ideal for investors, business owners, or owner-occupants, this versatile building features a vacant ground-floor commercial space and two spacious residential apartments. The commercial unit was previously operated as a restaurant and is being delivered vacant with existing restaurant equipment, offering an approximate 20×75 layout and an excellent opportunity to reopen a restaurant or convert it to another business use (subject to applicable approvals). The second and third floors each feature a 3-bedroom, 1-bathroom apartment, providing strong rental income potential. The property is equipped with three heating furnaces and three hot water tanks, allowing separate utilities for the commercial and residential units. Conveniently located near the R train, local bus routes, shopping, restaurants, schools, and major highways, this is a rare opportunity to own a high-visibility, income-producing property in the heart of Bay Ridge. Don't miss this incredible opportunity - schedule your private showing today!
For sale
$1,999,999
9218 4th Ave, Brooklyn, NY 11209
--beds
0baths
3,805sqft
Mixed Use
Built in 1926
2,058 Square Feet Lot
$1,917,900 Zestimate®
$526/sqft
$-- HOA
What's special
Vacant ground-floor commercial spaceThree heating furnacesExisting restaurant equipmentThree hot water tanksTwo spacious residential apartments
- 36 days
- 391
- 10
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Tiger Realty 917-708-9966,
Xu (Susan) Chen 917-855-5702
Source: BNYMLS,MLS#: 503299
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Natural Gas, Hot Water
Cooling
- Has cooling: Yes
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Tile
- Basement: Finished,Full
Interior area
- Total structure area: 3,805
- Total interior livable area: 3,805 sqft
Property
Parking
- Parking features: Street, None
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 2,058 Square Feet
- Dimensions: 21x98
- Features: Back Yard
Details
- Foundation area: 1197
- Parcel number: 061030037
- Zoning: R6A
- Special conditions: Arm's Length
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- Year built: 1926
Utilities & green energy
- Electric: 110 V
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $526/sqft
- Tax assessed value: $1,665,000
- Annual tax amount: $15,985
- Date on market: 7/29/2026
- Cumulative days on market: 37 days
- Total actual rent: 13500
Estimated market value
$1,917,900
$1.82M - $2.01M
$6,193/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Listed for sale | $1,999,999+166.7%$526/sqft |
Source: | ||
| 2/2/2004 | Sold | $750,000$197/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,141 +4.7% | $99,900 -3.4% |
| 2024 | $14,458 | $103,380 -4.9% |
| 2023 | -- | $108,660 +14.1% |
| 2022 | -- | $95,220 +10.5% |
| 2021 | -- | $86,160 -2.4% |
| 2020 | $13,459 +6.9% | $88,320 |
| 2019 | $12,585 +6.3% | $88,320 +56.1% |
| 2018 | $11,838 +3.8% | $56,592 +1.2% |
| 2017 | $11,404 +8.3% | $55,944 |
| 2016 | $10,526 | $55,944 +5.6% |
| 2015 | $10,526 +77.6% | $52,988 +6% |
| 2014 | $5,927 | $49,989 |
Find assessor info on the county website




