Retail Storefront
For Sale
Contact for pricing
7123 3rd Avenue, Brooklyn, NY 11209
For sale retail storefront property in Bay Ridge’s established retail corridor, surrounded by dense residential neighborhoods.
Property Size16,472 SF
Price / SF$122.64
Days on Market86
Property Features for 7123 3rd Avenue
General Information
Standard status
Active
Size
16,472 SF
Class
C
Property subtype
Retail
Zoning
R6B
Lease Type
NNN
Net Operating Income
$106,057
Building Details
Year Built
1910
Listing Agency:
Sothebys International Realty
Listed By:
Michelle han · License #NJ
Source:
Crexi
Added: May 29
Changed: Aug 21
Last Checked: Aug 21 at 6:52AM
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 Sothebys International Realty
Investment Insights
Based on property information with market context.
7123 3rd Avenue is a for-sale retail storefront property in Bay Ridge. The asset is positioned to serve day-to-day neighborhood shopping needs along an established retail corridor.
Situated in a dense residential area, the property benefits from an immediate local customer base. The location is described as part of a tightly held retail market with limited new retail supply.
For investors and owner-operators, the property offers a retail-focused asset configuration with the practical advantage of being placed within a neighborhood-serving shopping environment. Prospective buyers can review the existing retail income profile and consider the property for continued ownership in a Brooklyn retail corridor.
Situated in a dense residential area, the property benefits from an immediate local customer base. The location is described as part of a tightly held retail market with limited new retail supply.
For investors and owner-operators, the property offers a retail-focused asset configuration with the practical advantage of being placed within a neighborhood-serving shopping environment. Prospective buyers can review the existing retail income profile and consider the property for continued ownership in a Brooklyn retail corridor.
Key Highlights
- Retail storefront property in Bay Ridge’s established retail corridor
- Year built: 1910
- Located along an established retail corridor with steady foot traffic
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,238
Businesses Nearby
147k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Groceries 20%
Dining 19%
Home Improvements & Furnishings 1%
BP
Shops & Services
17,603 visits/mo
0.3 miles
7-Eleven
Shops & Services
17,278 visits/mo
0.3 miles
SuperFresh
Groceries
16,616 visits/mo
0.1 miles
Starbucks
Dining
15,586 visits/mo
0.3 miles
Chase Bank
Shops & Services
13,325 visits/mo
0.4 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - For sale retail storefront property in Bay Ridge’s established retail corridor, surrounded by dense residential neighborhoods.
Where is this retail space located?
The property is located at 7123 3rd Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,020,124.
What are key features of this property?
This property features: Retail storefront property in Bay Ridge’s established retail corridor; Year built: 1910; Located along an established retail corridor with steady foot traffic
