Listing Agency: Ben Bay Realty - Bay Ridge c***@aol.com Show Phone

Listed By: Charles A Fabbella · License #New York

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:59PM

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Investment Insights

Based on property information with market context.

This storefront property has undergone a full renovation and is currently leased with 7 years remaining on the term. The asset is located at 8320 3rd Ave, Brooklyn, NY 11209.

Key Highlights

• Fully renovated storefront property
• Current lease has 7 years remaining
• Located at 8320 3rd Ave, Brooklyn, NY 11209

Property Analytics

Property Profile

Current Use

XIN Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Building Supply Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,776

Businesses Nearby

261k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 33% Shops & Services 32% Groceries 17% Apparel 7%

Super Foodtown Groceries

31,460 visits/mo 0.4 miles

BP Shops & Services

29,878 visits/mo 0.5 miles

Taco Bell Dining

25,051 visits/mo 0.2 miles

Starbucks Dining

15,586 visits/mo 0.4 miles

Starbucks Dining

14,495 visits/mo 0.5 miles

Demographics for 11209, NY

73,239

Population

33,286

Households

2.2

Avg Household Size

40

Median Age

53%

College-Educated

90%

High-School Grad

2.1 sq mi

ZIP Area

34,876

Density / Sq Mi

$92,656

Median Household Income

$62,455

Median Earnings

$1,857

Median Rent

$905,700

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Storefront property - The property is subject to a lease with 7 years remaining.

Where is this storefront property located?

The property is located at 8320 3rd Ave Brooklyn, NY.

What are key features of this property?

This property features: Fully renovated storefront property; Current lease has 7 years remaining; Located at 8320 3rd Ave, Brooklyn, NY 11209