9201 4th Avenue is located on the southeast corner of 92nd Street and 4th Avenue in Bay Ridge. Bay Ridge is a dense urbanized neighborhood bound by the Brooklyn Queens Expressway, Gowanus Expressway, the Belt Parkway, and ample waterfront space that overlooks the Verrazano Bridge. Bay Ridge is known for its strong residential housing stock and commercial corridors that run along 3rd Avenue, 5th Avenue and the famous 86th Street - which is an outdoor shopping mall anchored by department stores and national retailers. The retail amenities and residential housing, together with the R-train that runs along 4th Avenue has made Bay Ridge a viable destination for families, businesses, and professionals.
The property is a 10-story steel frame building built in 1989 on an 18,300 sq ft block through lot fronting 4th Ave, 5th Avenue, and the entire block on 92nd Street. There are 7 floors above grade and 3 cellar floors. Cellars 2 and 3 are a 36,000 sq ft parking facility for 200 cars, Cellar 1 , the first and second floors are a 48,000 sq ft of retail space, Floors 3-7th are 40,000 sq ft medical , nonprofit, or school space and it will be enlarged to 64,000 sq ft.
9201 LLC, the new owner, is planning an extensive renovation that will expand the size of the property to over 148,000 sq ft of rentable space. The expansion will be created by changing the current “wedding cake” design that has the upper floors set back to a new curtain wall that will rise straight up from the base with a new energy efficient and soundproof curtain wall featuring floor-to-ceiling windows.
The renovation will create 3 uses within the building envelope, garage, retail, and school or medical, all autonomous with their own entries, lobbies, elevators and escalators as well as all new tenant-controlled HVAC, Plumbing, Electrical and Life Safety upgrades. The finished product will be the most unique, modern, and desirable mixed-use building in the South Brooklyn Marketplace. Tenants will enjoy incomparable, breathtaking views of the Verrazzano Bridge and the New York Harbor. These views will be enjoyed through the European sourced floor-to-ceiling windows, outdoor terraces, and a landscaped rooftop patio.