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7001 3rd Ave 3,900 SF 100% Leased Retail Building Brooklyn, NY 11209 $3,500,000 ($897.44/SF)
Investment Highlights
- Best corner location w lots of frontage and foot traffic.
- PLUS TWO large apartments 3-4 BRs. The apartments will be delivered vacant.
Executive Summary
Prime corner property in the heart of Bay Ridge featuring a 1-story commercial storefront with two 3-4-bedroom, 1-bath residential units above. Situated on a 20 ft x 112 ft lot with an additional adjacent 16 ft x 112 ft lot included (total 36 ft x 112 ft). Both residential apartments will be delivered vacant. There is an additional 4,218 of buildable square footage.
This high-visibility, superior location offers strong rental income with excellent potential for future development or expansion. Corner properties with this much optimal commercial corner visibility and foot traffic are rare - schedule a private showing today!
This high-visibility, superior location offers strong rental income with excellent potential for future development or expansion. Corner properties with this much optimal commercial corner visibility and foot traffic are rare - schedule a private showing today!
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,900 SF
Building Class
C
Year Built
1914
Price
$3,500,000
Price Per SF
$897.44
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.99
Lot Size
0.09 AC
Zoning
R6B, Brooklyn, (S2) - a medium density residential zoning district.
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Blue Fire Fly
- Retailer
- -
- $75.00
- Single Net
- Jul 2026
- The Brooklyn Firefly
- Accommodation and Food Services
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Blue Fire Fly | Retailer | - | $75.00 | Single Net | Jul 2026 | |
| The Brooklyn Firefly | Accommodation and Food Services | - | - | - | - |
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05891-0021 | Improvements Assessment | $65,700 |
| Land Assessment | $37,560 | Total Assessment | $103,260 |
Property Taxes
Parcel Number
05891-0021
Land Assessment
$37,560
Improvements Assessment
$65,700
Total Assessment
$103,260
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7001 3rd Ave
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