3033 Avenue VBrooklyn, NY 11229

For Sale
$15,500,000

Prime Brooklyn Retail & Residential Site

Overview

Added:
Dec 11, 2024
Days on market:
96
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.

Highlights

  • $15,500,000 asking price for a redevelopment opportunity.
  • 20-acre lot with 12,500 square feet of existing retail space in a 12-unit multi-tenant building.
  • R7D/C2-4 zoning permits 112,000 buildable square feet.
  • 400 feet of linear frontage on a mixed-use development site with preliminary plans for 109 apartments and below-grade parking.
  • Excellent location near major retailers such as Aldi and Blink Fitness.

Property Details for 3033 Avenue V

Property type
Other retail properties, Individual retail properties
Square Feet
12,500 SF
Lot Size (sq. ft)
871,200,000 SF
Units
12

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.598837485171
Longitude
-73.936849427949
3033 Avenue V, Brooklyn, New York

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3033 Avenue V
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message