264-268 3rd Ave - Warehouse FOR SALE


Brooklyn, NY 11215
$5,300,000 USD
718-554-0337
264-268 3rd Ave, Brooklyn, NY for Sale
$5,300,000 USD
Warehouse - FOR SALE
1/6
null | Request Cap Rate

264-268 3rd Ave
Brooklyn, NY 11215


HIGHLIGHTS

  • Owner-User / Value-Add Opportunity: Prime live/work opportunity with 60’ of frontage on 3rd Avenue
  • Two Tax Lots (Buildings Can Be Sold Separately): Single-story commercial building, 20’ x 75’ footprint (±1,500 SF)
  • Mixed-Use Property: Irregular 40’ x 100’ ground floor commercial space + two residential apartments (3BR/1BA) each built 19’ x 50’
  • Burgeoning Neighborhood: Located in the epicenter of the Gowanus Rezoning with over 3,000 units being developed within a few blocks.
  • Available Air Rights: The properties have combined ±11,038 buildable square feet, ±4,094 SF of which are unused air rights for future expansion
  • Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement.

OVERVIEW

Broker of Record Cory Rosenthal License No. 10991237833 (NY) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$663 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed-Use / Comm. / Redevelopment | $760/SF

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11

LAND SF

5,000

ZONING

R6A / R6B / M1-4

APN/PARCEL ID

00440-0035,00440-0036

ASK ABOUT THIS PROPERTY

Bobby LawrenceMatthews Real Estate Investment ServicesMore Info
718-554-0337

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Bobby LawrenceMatthews Real Estate Investment ServicesMore Info
718-554-0337

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