Bankruptcy Sale: 7614 4th Avenue

Description:

Auction Information:
Opening Bid: $6,475,000
Auction Date: September 16, 2026 at 12:30 PM

- 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