770 3Rd Ave Brooklyn, NY 11232
- Industrial properties
- 24,500 SF
Current Use by Public Records
- Rossman Fruit & Vegetable District / Produce Market
Property Details for 770 3Rd Ave
- Property size
- 24,500 SF
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
This exceptional 24,500-square-foot industrial property at 770 3rd Avenue in Brooklyn, NY, presents a unique investment opportunity. The building, zoned M3-1, features a versatile layout ideal for various uses. The ground floor is suitable for supermarket retail, while a legal lower level provides ample space for food preparation and cold storage. Second-floor offices offer additional functional space. The property boasts convenient features including a loading dock, multiple means of egress, and three billboards, maximizing visibility and accessibility. Located in Sunset Park, this vacant building benefits from excellent transportation links, including proximity to the D, N, R, and W subway lines at the 25th Street station, as well as easy access to the Brooklyn-Queens Expressway and I-278. The vibrant Sunset Park neighborhood offers a diverse community and a bustling commercial district with nearby tenants such as Pet Delight, Advanced Refrigeration Parts Inc., Floor & Decor, and more. The asking price is $5,950,000, translating to $242.86 per square foot. This NNN lease property is ready for immediate occupancy and presents a strong potential for significant return on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.0009
- Latitude
- 40.6615
