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Commercial Space | Mixed-Use Property

$5,300,000

264 & 268 3rd Avenue, Brooklyn, NY 11215

Active
Last Updated: 01/27/2025

11,038 sqft

Building Size

6,944 sqft

Lot Area

Details:
Building Size:    11,038 sqft
Lot Area:    6,944 sqft
Zoning:    R6A / R6B / M1-4
CeilingHeight:    60
Highlights:
  • Value-add / Redevelopment - Opportunity Type
  • Commercial Space - Can Be Delivered Vacant
  • Owner-User / Value-Add Opportunity: Prime live/work opportunity with 60’ of frontage on 3rd Avenue, situated at the epicenter of the Gowanus Rezoning. This property offers unparalleled potential for owner-users to make their mark on the future of Gowanus while benefiting from the neighborhood’s transformation
  • Two Tax Lots (Buildings Can Be Sold Separately): - Commercial Building: • Single-Story, 20’ x 75’ footprint (±1,500 SF) • Includes ±1,500 SF of residential air rights for potential development - 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, development, or disposition. • Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement. • Transportation Accessibility: Located a block away from the R-train, offering quick access to Downtown Brooklyn and Manhattan.
Map:
Documents:
Title
Offering Memorandum
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Location
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