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    159 3Rd Ave Brooklyn, NY 11217

    For Lease
    Contact for pricing

    Retail spaces available in new 96-unit apartment building.

    Property size:
    2,300 SF
    Lot size:
    0.27 Acres

    Property Features for 159 3Rd Ave

    General Information

    Size
    2,300 SF
    Lot size
    0.27 Acres

    Source: Tri State Commercial Realty Agent Shlomi Bagdadi

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

    Overview

    Gowanus Retail Space Opportunity

    Located in the Gowanus neighborhood of Brooklyn, near the Union St subway station, this retail opportunity is situated at the base of a new 96-unit apartment building. The location is between Baltic St and Butler St, with convenient access to the D, N, and R trains at Union St, as well as the B103, B37, and B65 bus lines. The available spaces feature ceiling heights ranging from 15 to 20 feet. Nearby tenants include CubeSmart, Brooklyn Car and Van Rentals, Gowanus Fitness, Threes Brewing, Petri Plumbing, Heating Cooling & Drain Cleaning, Luna's Tire Shop 2, ZeroSpace, Wafels & Dinges Warehouse, Gemini and Scorpio Loft, UpFit Training Academy Brooklyn, Herboganic, and Mirrors Collective. Space A offers 895 square feet, Space B provides 1,132 square feet, Space C has 1,151 square feet, Space D features 1,298 square feet, and Space E includes 870 square feet. Spaces B and C can be combined to create a 2,300 square foot area. Some spaces have to meet certain use requirements approved by the Gowanus Council.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -73.983733
    Latitude
    40.680361

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    FAQs

    What type of property is this?
    Retail space - Retail spaces available in new 96-unit apartment building.
    Where is this retail space located?
    The property is located at 159 3Rd Ave Brooklyn, NY.
    What are key features of this property?
    This property features: - Located at the base of a brand new 96-unit apartment building, providing immediate customer base.; - Prime Gowanus location near Union St subway station (D, N, & R trains) and multiple bus lines (B103, B37, & B65).; - High ceiling heights ranging from 15 FT to 20 FT.
    (718) 437-6100
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    159 3Rd Ave Brooklyn, NY 11217
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    Brooklyn, NY 11217
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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
    159 3Rd Ave Brooklyn, NY 11217
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