685 3rd Ave - Industrial FOR SALE


Brooklyn, NY 11232- Greenwood
$4,000,000 USD
718-475-4321
685 3rd Ave, Brooklyn, NY for Sale
$4,000,000 USD
Industrial - FOR SALE
1/5
null | Request Cap Rate

NEW


685 3rd Ave
Brooklyn, NY 11232
Greenwood


HIGHLIGHTS

  • Vacant 4,800 SF commercial building and 5,234 SF outdoor lot Zoned M1-2D
  • Over 100 feet of frontage along the 3rd Avenue commercial corridor in Greenwood Heights, Brooklyn.
  • Immediate access to the BQE, Gowanus Expressway, and Prospect Expressway, providing convenient connectivity throughout Brooklyn, Manhattan, and the gr
  • Excellent subway access, approximately a 5-minute walk to the Prospect Avenue R station, a 6-minute walk to the 25th Street R station, and a 12-minute
  • Located near Industry City, Sunset Park, and Gowanus, where continued investment has strengthened the surrounding commercial and industrial market.

OVERVIEW

685 3rd Avenue presents a rare opportunity to acquire a highly functional vacant commercial property in Brooklyn’s Greenwood Heights neighborhood. The property consists of a 4,800-square-foot commercial building situated on a 10,034-square-foot parcel, including a 5,234-square-foot secured outdoor lot and over 100 feet of frontage along 3rd Avenue. This combination of functional commercial space, substantial outdoor area, and prominent frontage is increasingly difficult to find throughout Brooklyn. The property’s M1-2D zoning, combined with its significant outdoor component, positions it to appeal to a broad range of purchasers, including owner-users, contractors, logistics companies, storage operators, automotive users, and private investors seeking well-located commercial assets. The property offers excellent transportation access, with the Prospect Avenue R station approximately a 5-minute walk away, the 25th Street R station approximately a 6-minute walk away, and the 4th Avenue– 9th Street F/G/R station approximately a 12-minute walk away. The property also provides immediate access to the BQE, Gowanus Expressway, and Prospect Expressway, while remaining minutes from Industry City, Sunset Park, Gowanus, and Downtown Brooklyn. With its large secured outdoor area, extensive 3rd Avenue frontage, flexible zoning, and exceptional accessibility, 685 3rd Avenue represents a compelling acquisition opportunity for both investors and owner-users in one of Brooklyn’s most established commercial and industrial corridors.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$833 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

685 3rd Avenue

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23

LAND SF

10,000

ZONING

M1-2D

APN/PARCEL ID

00639-0060

ASK ABOUT THIS PROPERTY

Jesse KayMarcus & MillichapMore Info
718-475-4321

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Jesse KayMarcus & MillichapMore Info
718-475-4321

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