Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    240 3Rd Ave Brooklyn, NY 11217

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space with high visibility in prime location.

    Property size:
    4,269 SF
    Lot size:
    0.84 Acres

    Property Features for 240 3Rd Ave

    General Information

    Size
    4,269 SF
    Lot size
    0.84 Acres

    Source: Good Space NYC Agent Roberto Rhett

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Union Street Retail Space Available

    This retail space offers outstanding visibility on Union Street, a prominent retail corridor in Gowanus. The property is located at the base of a 224-unit development. The building is entirely electric and features flood-resistant landscaping. The location is one block from the Union St (R) Station, which sees 2.2 million annual riders, with an additional 1 million annual riders projected following rezoning. The property offers 4,269 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing 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
    -73.985755
    Latitude
    40.681076

    Nearby Similar for Lease

    • $25,000
      7,500 SF

      Renovated Office Space in Brooklyn

      7,500 sq ft office space with private elevator.
      405 Gates Ave, Brooklyn, NY 11216
      View Details
    • $5,850 /Mo
      1,200 SF

      Adaptable Retail + Creative Space

      Corner retail and creative space in East Williamsburg, Brooklyn.
      282 Scholes St, Brooklyn, NY 11206
      View Details
    • $6,000 /Mo
      1,540 SF

      Brighton Beach Medical Office Suite

      Turn-key medical suite in high-demand Brooklyn neighborhood.
      2833 Ocean Pkwy, Brooklyn, NY 11235
      View Details
    • $7,000 /Mo
      3,500 SF

      Renovated Office Space in Williamsburg

      Recently renovated 3,500 SF office space with new amenities.
      84 Withers St, Brooklyn, NY 11211
      View Details
    • $27,880
      6,970 SF

      Brooklyn Newly Constructed Corner Building

      Newly constructed 4-story corner building with finished basement for lease.
      5301 7Th Ave, Brooklyn, NY 11220
      View Details
    • $8,100 /Mo
      2,304 SF

      Brooklyn Commercial Condo with Parking

      Spacious commercial condo near transportation, ideal for medical or professional use.
      1749 East 16Th St, Brooklyn, NY 11229
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility in prime location.
    Where is this retail space located?
    The property is located at 240 3Rd Ave Brooklyn, NY.
    What are key features of this property?
    This property features: - Outstanding visibility on Union Street, Gowanus's premier retail corridor; - Located at the base of a 224-unit development; - One block away from Union St (R) Station with high annual ridership
    (718) 225-9900
    Request Owner's contact information
    240 3Rd Ave Brooklyn, NY 11217
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    240 3Rd Ave
    Brooklyn, NY 11217
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    240 3Rd Ave Brooklyn, NY 11217
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.