9020 3rd Ave - Churches FOR SALE


Brooklyn, NY 11209- Bay Ridge
$3,000,000 USD
631-487-9365
9020 3rd Ave, Brooklyn, NY for Sale
$3,000,000 USD
Churches - FOR SALE
1/4
null | Request Cap Rate

NEW


9020 3rd Ave
Brooklyn, NY 11209
Bay Ridge


HIGHLIGHTS

  • Corner Development Site — 100 FT frontage on 91st Street, 60 FT on Third Avenue
  • 12,000 ZFA As-of-Right | 2.0 FAR (R6B/C1-3, Special Bay Ridge District)
  • Optional UAP Pathway to 14,400 ZFA at 2.40 FAR
  • Delivered Vacant | Outer Transit Zone
  • Well-Suited for Religious or Community Facility User
  • Supply-Constrained Bay Ridge Location | R Train Access (86th & 95th St stations)

OVERVIEW

9020 Third Avenue (a.k.a. 283 91st Street) is a 6,000 SF corner development site at the northwest corner of Third Avenue and 91st Street in Bay Ridge, Brooklyn. The site offers 60 feet of frontage along Third Avenue and 100 feet along 91st Street, with a corner position ideal for multiple building exposures and a quality residential unit mix. Zoned R6B with a C1-3 commercial overlay within the Special Bay Ridge District, the property yields 12,000 SF of zoning floor area as-of-right at a 2.0 FAR. A buyer may optionally pursue 14,400 ZFA at a 2.40 FAR through the Universal Affordability Preference (UAP) program, subject to on-site affordable housing requirements and HPD compliance. The existing 3,025 SF structure — a former house of worship — will be delivered vacant at closing. The site is located within the Outer Transit Zone, allowing for modified parking requirements, and is eligible for discretionary tax incentives through the FRESH Program. Beyond residential development, the property is well suited for a religious institution or community facility user seeking an established corner presence in Bay Ridge. Note that the Seller reserves the right to remove the stained glass windows, pipe organ, church furnishings, and artwork prior to closing. Bay Ridge offers R train access at the 86th Street and 95th Street stations, express bus service to Manhattan, and direct Belt Parkway access. The neighborhood is characterized by limited new development supply, consistent residential demand, and a strong ownership culture supporting both condominium and rental exit strategies.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$992 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

AKA 283 91st Street

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,984 SF

ZONING

R6B, C1-3

APN/PARCEL ID

06080-0045

ASK ABOUT THIS PROPERTY

Kevin SchmitzRipco Real EstateMore Info
631-487-9365

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Kevin SchmitzRipco Real EstateMore Info
631-487-9365

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