The victim was identified as Abul Hossain, a store keeper of an engineering company and a resident of Uttara area.
Witnesses said the accident took place at 11:30 am when he was crossing a road near Setu Bhaban.
A running vehicle hit him and fled, leaving him in a pool of blood, said Shipo, an office colleague of the victim.
Abul Hossain was rushed to Dhaka Medical College Hospital where he was declared dead around 12:30 pm, he said.
The body has been kept at the hospital morgue for autopsy, said Dhaka Medical College Hospital police outpost in-charge inspector Md Bachchu Mia.