3033 Avenue V, Brooklyn, NY 11229

This exceptional 20-acre Kings County property offers a unique redevelopment opportunity. Currently featuring a 12-unit, cash-flowing retail strip with flexible lease terms, the site boasts 12,500 square feet of existing retail space and is zoned R7D/C2-4, allowing for an impressive 112,000 buildable square feet. Preliminary plans envision a mixed-use development with 109 apartments above ground-floor retail and below-grade parking. The 400-foot linear frontage on Avenue V in Sheepshead Bay provides exceptional visibility and access. This location benefits from proximity to established retailers like Aldi and Blink Fitness, ensuring strong tenant demand and potential for significant returns. The asking price is $15,500,000. This covered land opportunity presents a compelling investment for developers seeking a high-density, mixed-use project in a thriving Brooklyn neighborhood. The existing retail strip provides immediate cash flow while the substantial buildable area allows for a large-scale development. Detailed financial information and pricing guidance are available upon request. The property address is 3033 Avenue V, Brooklyn, NY 11229.