9404 4th Ave
Brooklyn, NY 11209
Bay Ridge- 9 Beds
- 6 Baths
- 12,147 sqft
9 Beds
6 Baths
12,147 sqft
Local Information
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Description
Exceptional Investment Opportunity in Prime Bayridge Location
A Rare and unmatched investment opportunity in Bayridge, steps from the R train on 4th Ave.
An outstanding 7.6% cap rate including a restaurant generating in excess of $2 million annually.
Residential:
- The 2 buildings generate net annual gross income of $345,000 ($145,000 from the rental units and $240,000 from the restaurant space).
- Comprising of 6 free-market rental units (fully occupied with month-to-month leases) and a fully operational restaurant.
- Every apartment is individually metered for electric, the Penthouses have their own boiler, heat and washer/dryer.
- 2 leases end October '25 for 9406; rest on a month-to-month basis.
Commercial space:
Steak & Ale House
- This profitable restaurant generates over $2 million in annual revenue.
- 110-seat dining area, 20-seat bar, 50-seat banquet room.
- 4059 sf above grade; 4059 sf below grade. Fully vented with liquor license.
- Below grade space has 5 walk-in refrigerators, prep area, ovens, receiving area, storage- Liquor + dry + wet goods etc; 6'-8'ft ceiling height.
- Open for lunch and dinner, 6 days a week, liquor license and banquet facility.
- High Potential to add breakfast and brunch services, take-out options, increase dining hours, increase banqueting services and open 7 days a week.
- Prospective investor can rent the restaurant for $20,000- $25,000 month $46/sf+ $8/sf below grade NNN.
- Presently operated by the owners, the fully operational business can also be bought out. Inquire for pricing.
Key Features:
Lot Dimensions: 9404: 19.5 ft x 96.5 ft 9406: 19.5 ft x 107.58 ft
Building Dimensions: 9404: 19.5 ft x 63 ft 9406: 19.5 ft x 63 ft
Total square footage as built: 8,987 sq ft Available Air Rights: 3,190 sq ft.
Total Apartments: 6 (3 per building)
Commercial Units: 1 (Fully operational restaurant)
Zoning: R6A, C2-3, BR
Stories: 3
Current Layouts of combined lots:
3rd Level: Conv 4BR/2BA + mud room + Wsaher dryer & 3BR/2BA+ washer dryer.
2nd Level: 4 four 1BR/1BA apartments.
1st Level: Vibrant bar and restaurant area, perfect for entertaining.
Basement: Equipped with prep areas, storage, and office space.
Roof Access: Yes.
Tax Information:
Total Taxes: $30,472.60 annually.
A Rare and unmatched investment opportunity in Bayridge, steps from the R train on 4th Ave.
An outstanding 7.6% cap rate including a restaurant generating in excess of $2 million annually.
Residential:
- The 2 buildings generate net annual gross income of $345,000 ($145,000 from the rental units and $240,000 from the restaurant space).
- Comprising of 6 free-market rental units (fully occupied with month-to-month leases) and a fully operational restaurant.
- Every apartment is individually metered for electric, the Penthouses have their own boiler, heat and washer/dryer.
- 2 leases end October '25 for 9406; rest on a month-to-month basis.
Commercial space:
Steak & Ale House
- This profitable restaurant generates over $2 million in annual revenue.
- 110-seat dining area, 20-seat bar, 50-seat banquet room.
- 4059 sf above grade; 4059 sf below grade. Fully vented with liquor license.
- Below grade space has 5 walk-in refrigerators, prep area, ovens, receiving area, storage- Liquor + dry + wet goods etc; 6'-8'ft ceiling height.
- Open for lunch and dinner, 6 days a week, liquor license and banquet facility.
- High Potential to add breakfast and brunch services, take-out options, increase dining hours, increase banqueting services and open 7 days a week.
- Prospective investor can rent the restaurant for $20,000- $25,000 month $46/sf+ $8/sf below grade NNN.
- Presently operated by the owners, the fully operational business can also be bought out. Inquire for pricing.
Key Features:
Lot Dimensions: 9404: 19.5 ft x 96.5 ft 9406: 19.5 ft x 107.58 ft
Building Dimensions: 9404: 19.5 ft x 63 ft 9406: 19.5 ft x 63 ft
Total square footage as built: 8,987 sq ft Available Air Rights: 3,190 sq ft.
Total Apartments: 6 (3 per building)
Commercial Units: 1 (Fully operational restaurant)
Zoning: R6A, C2-3, BR
Stories: 3
Current Layouts of combined lots:
3rd Level: Conv 4BR/2BA + mud room + Wsaher dryer & 3BR/2BA+ washer dryer.
2nd Level: 4 four 1BR/1BA apartments.
1st Level: Vibrant bar and restaurant area, perfect for entertaining.
Basement: Equipped with prep areas, storage, and office space.
Roof Access: Yes.
Tax Information:
Total Taxes: $30,472.60 annually.
Contact this Building
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Has Cooling
HOA
None
Price/Sqft
$370
Listed
180+ days ago
Last check for updates: about 4 hours ago
Listing by: Brown Harris Stevens, (617) 240-6655
Rex Gonsalves
Source: StreetEasy, MLS#S1743320
Home Details for 9404 4th Ave
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MLS Status: In Contract |
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Interior Details Number of Rooms: 21 |
Beds & Baths Number of Bedrooms: 9Number of Bathrooms: 6Number of Bathrooms (full): 6 |
Dimensions and Layout Living Area: 12147 Square Feet |
Appliances & Utilities Appliances: Washer/Dryer |
Heating & Cooling Has CoolingAir Conditioning: Central Air |
View No View |
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Days on Market: 180+ |
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Year Built Year Built: 1929 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
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Price List Price: $4,500,000Price Per Sqft: $370 |
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Direction & Address City: BrooklynCommunity: Fort Hamilton |
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Listing Agent Listing ID: S1743320 |
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Building Area Building Area: 12147 Square Feet |
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Special Conditions: Resale |
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STREETEASY Property ID: 269384STREETEASY Building ID: 222679 |
Price History for 9404 4th Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 12/18/2025 | $4,500,000 | Contingent | StreetEasy #S1743320 |
| 11/07/2024 | $4,500,000 | Listed For Sale | StreetEasy #S1743320 |
| 04/21/1997 | $537,500 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $15,865 |
| Assessment | $1,926,000 |
Home facts updated by county records
Comparable Sales for 9404 4th Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.34 | Multi-Family Home | $1,290,000 | 05/27/26 | 11 | 6 | 5,250 | |
0.11 | Multi-Family Home | $990,000 | 10/09/25 | 4 | 2.5 | 1,500 | |
0.09 | Multi-Family Home | $1,350,000 | 04/28/26 | 5 | 2 | 1,952 | |
0.30 | Multi-Family Home | $1,380,000 | 01/07/26 | 5 | 3 | 2,320 | |
0.36 | Multi-Family Home | $1,180,000 | 01/21/26 | 5 | 3 | 2,400 | |
0.33 | Multi-Family Home | $1,700,000 | 08/26/25 | 5 | 3 | 2,950 | |
0.39 | Multi-Family Home | $1,100,000 | 10/10/25 | 6 | 2 | 2,409 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 9404 4th Ave.
What Locals Say about Bay Ridge
At least 1008 Trulia users voted on each feature.
93 % Say there are sidewalks
92 % Say it's walkable to restaurants
91 % Say it's walkable to grocery stores
90 % Say it's dog friendly
83 % Say streets are well-lit
79 % Say people would walk alone at night
68 % Say kids play outside
63 % Say there's holiday spirit
63 % Say they plan to stay for at least 5 years
55 % Say neighbors are friendly
51 % Say yards are well-kept
49 % Say it's quiet
48 % Say there are community events
36 % Say car is needed
34 % Say there's wildlife
21 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
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