3021-3043 Avenue V - Storefront FOR SALE


Brooklyn, NY 11229- Sheepshead Bay
$12,500,000 USD
631-425-1233
3021-3043 Avenue V, Brooklyn, NY for Sale
$12,500,000 USD
Storefront - FOR SALE
1/5
null | Request Cap Rate

3021-3043 Avenue V
Brooklyn, NY 11229
Sheepshead Bay


HIGHLIGHTS

  • Recently Rezoned R7D/C2-4 | ±110,800 Buildable SF
  • Preliminary Plans for 109 Apartments + Ground-Floor Retail
  • Full Blockfront Exposure with Existing Retail Income

OVERVIEW

3033 Avenue V is a ±20,000 SF full-blockfront mixed-use development opportunity in Sheepshead Bay. Recently rezoned R7D/C2-4 within a Mandatory Inclusionary Housing area, the site offers approximately 110,800 buildable SF and preliminary plans for 109 residential units with ground-floor retail. The existing ±12,500 SF, 12-unit retail strip provides covered-land income while redevelopment plans advance. The property features 200 feet of frontage along Avenue V and approximately 400 feet of combined frontage across three streets. Asking price: $12,500,000, or approximately $113 per buildable SF.

FOR SALE DETAILS

PRICE

$12,500,000 USD

PRICE/SF

$1,000 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3033 Avenue V

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

R7D / C2-4

APN/PARCEL ID

07367-0036

ASK ABOUT THIS PROPERTY

Daniel AbbondandoloCushman & WakefieldMore Info
631-425-1233

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Daniel AbbondandoloCushman & WakefieldMore Info
631-425-1233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.