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Electric Retail Building with Visibility
For Lease
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240 3rd Ave, Brooklyn, NY 11217

Entirely electric retail building with flood-resistant landscaping and strong visibility along Union Street.

Property Size9,765 SF
Days on Market88

Property Features for 240 3rd Ave

General Information

Standard status Active
Size 9,765 SF
Property subtype RETAIL
Listing Agency: Good Space NYC
Listed By: Roberto Rhett
Source: Moodyscre
Added: May 6 Changed: Jul 27 Last Checked: Jul 31 at 10:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Good Space NYC

Investment Insights

Based on property information with market context.

This for-rent retail space is located in an entirely electric building and includes flood-resistant landscaping. The asset is positioned to benefit from visibility on Union Street, serving as part of the Gowanus retail corridor.

The property is described as one block away from Union St (R). The remarks cite 2.2M annual riders, with an additional 1M annual riders projected post rezoning.

The surrounding residential context is also a key feature of the offering, with the remarks stating that over 90% of the building’s 240 residential units have been leased.

Key Highlights

  • Outstanding visibility on Union Street, located on Gowanus’ premier retail corridor
  • Entirely electric building
  • Flood‑resistant landscaping

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Hair Salon Nail Salon Accounting Firm

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

8,568
Businesses Nearby
176k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 58% Shops & Services 16% Office Supplies 11% Dining 10%
Whole Foods Market Groceries
88,654 visits/mo 0.2 miles
Staples Office Supplies
19,418 visits/mo 0.1 miles
Dinosaur Bar-B-Que Dining
9,469 visits/mo 0.2 miles
Associated Supermarkets Groceries
8,577 visits/mo 0.3 miles
TD Bank Shops & Services
8,526 visits/mo 0.3 miles

Demographics for 11217, NY

42,417
Population
21,590
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
60,596
Density / Sq Mi
$158,314
Median Household Income
$95,067
Median Earnings
$2,800
Median Rent
$1,614,200
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$56.49 /SF/Yr
Avg Asking Price
$8.63–$200 /SF/Yr
Price Range
1,529 SF
Avg Space Size

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Entirely electric retail building with flood-resistant landscaping and strong visibility along Union Street.
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, located on Gowanus’ premier retail corridor; Entirely electric building; Flood‑resistant landscaping
(718) 225-9900 Call to check price and availability
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