3033 Avenue V Brooklyn, NY 11229

OFF-MARKET

Retail properties & Spaces

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12,500 SF 20000 ac lot

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.

Property type Retail properties & Spaces

Total area 12,500 SF

Lot 20000 ac (871,200,000 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Restaurant
Restaurant

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Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation by Request
29,515 SF

1100 Kings Hwy

Individual retail properties

1100 Kings Hwy, Brooklyn, NY 11229

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Value Estimation by Request
2,100 SF

2696 Gerritsen Ave

Individual retail properties

2696 Gerritsen Ave, Brooklyn, NY 11229

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Value Estimation by Request
4,480 SF

Withheld Withheld Rd

Individual retail properties

0 Withheld Withheld Rd, Brooklyn, NY 11229

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Value Estimation
$4,270,000

9,500 SF

25022512 Ave U U

RETAIL STORES (PERSONAL SERVICES)

25022512 Ave U U, Brooklyn, NY 11229-5874

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Value Estimation
$3,050,000

5,300 SF

20112021 Ave U U

RETAIL STORES (PERSONAL SERVICES)

20112021 Ave U U, Brooklyn, NY 11229-5874

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Value Estimation
$585,000

960 SF

2932 Ave R R

RETAIL STORES (PERSONAL SERVICES)

2932 Ave R R, Brooklyn, NY 11229-2603

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Commercial space available for lease in Brooklyn, New York.

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Retail Storefront Space

Available for lease, this retail storefront property is located on Gerritsen Ave in Brooklyn.

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