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    46 3Rd Ave Brooklyn, NY 10003

    For Sale
    $4,950,000

    Vacant Land - Brooklyn, NY

    Days on Market:
    61
    Last Refresh:
    Dec 8 at 4:06 pm

    Property Features for 46 3Rd Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage

    Building Details

    Architectural style
    Other

    Landair Property Advisors, LLC (646) 559-4700

    Listing agent Alexandre Goulet (646) 559-4700

    Listing date Oct 9, 2025

    MLS# 11587966 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Development Opportunity on Third

    Located at the intersection of Atlantic Avenue and 3rd Avenue in Brooklyn, 46 3rd Avenue presents a development opportunity in a rapidly evolving neighborhood. The site spans a combined 3,400 square feet of lot area, offering a location for residential, mixed-use, or retail development. The site offers frontage, visibility, and development potential, situated steps from the Barclays Center, Atlantic Terminal, and various retail, dining, and residential hubs. The site is fully entitled and delivered with approved plans, demo permits, and access agreements.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.981006
    Latitude
    40.685114

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    FAQs

    What type of property is this?
    Commercial land - Prime Brooklyn location for residential, mixed-use, or retail development.
    Where is this commercial land located?
    The property is located at 46 3Rd Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: - Prime development opportunity in a sought-after Brooklyn neighborhood.; - Fully entitled site delivered with approved plans and demo permits.; - 3,400 SF lot area suitable for residential, mixed-use, or retail development.
    (646) 559-4700
    Request Owner's contact information
    46 3Rd Ave Brooklyn, NY 10003
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    Brooklyn, NY 10003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    46 3Rd Ave Brooklyn, NY 10003
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