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3021-3043 Avenue V
Brooklyn, NY 11229
Retail Property For Sale
Investment Highlights
- Preliminary Redevelopment Plans: Conceptual design for ±109 residential units with ground-floor retail.
- Covered-Land Cash Flow: Existing retail strip provides carry income with flexible termination rights during redevelopment planning.
- R7D/C2-4 Development Scale: Approved rezoning allowing ±111k buildable SF, ideal for mixed-use with residential above ground-floor retail.
- Full Blockfront Exposure: 200’ along Avenue V with ~400’ combined frontage across three streets, enhancing visibility and future branding.
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
12,500 SF
Building Class
B
Year Built
1950
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.62
Lot Size
0.46 AC
Zoning
R7D / C2-4 - Recently Rezoned to R7D / C2-4, Allowing for 110,800 SF Buildable Sq.Ft. (ZFA
Frontage
200’ on Avenue V
Property Taxes
| Parcel Number | 07367-0036 | Improvements Assessment | $1,107,000 |
| Land Assessment | $243,000 | Total Assessment | $1,350,000 |
Property Taxes
Parcel Number
07367-0036
Land Assessment
$243,000
Improvements Assessment
$1,107,000
Total Assessment
$1,350,000
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