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9711 3rd Ave 10,650 SF Office Building Brooklyn, NY 11209 $3,195,000 ($300/SF)



EXECUTIVE SUMMARY
PROPERTY OVERVIEW
Presenting a rare opportunity to acquire a standalone, three-level medical/office building in the heart of Bay Ridge’s thriving 3rd Avenue retail corridor. The property sits on a 5,130 SF lot and comprises approximately 10,650 SF across three levels, serviced by an elevator and equipped with a full fire alarm and sprinkler system.
With 50-plus feet of prime frontage on one of Bay Ridge’s busiest commercial avenues, this asset offers outstanding branding and visibility for tenants and future ownership alike.
TENANCY:
- Ground Floor: Leased through December 2025
- Second Floor: Leased through June 2027
- Lower Level: Vacant – available for immediate occupancy or repositioning
This configuration provides a blend of stable in-place income and upside potential through lease-up or repositioning of the lower level.
INVESTMENT HIGHLIGHTS
- 10,650 SF standalone 3 story office/medical building on 5,130 SF lot
- Elevator building with full fire alarm and sprinkler system throughout
- Second floor leased through June 2027 providing stable in-place income
- Excellent visibility with 50 feet of 3rd Avenue frontage
- Prime Bay Ridge location within a high-traffic retail and professional corridor
- Flexible investment profile – ideal for future owner-users or investors
- Proximity to major transportation, retail amenities, and neighborhood institutions
Presenting a rare opportunity to acquire a standalone, three-level medical/office building in the heart of Bay Ridge’s thriving 3rd Avenue retail corridor. The property sits on a 5,130 SF lot and comprises approximately 10,650 SF across three levels, serviced by an elevator and equipped with a full fire alarm and sprinkler system.
With 50-plus feet of prime frontage on one of Bay Ridge’s busiest commercial avenues, this asset offers outstanding branding and visibility for tenants and future ownership alike.
TENANCY:
- Ground Floor: Leased through December 2025
- Second Floor: Leased through June 2027
- Lower Level: Vacant – available for immediate occupancy or repositioning
This configuration provides a blend of stable in-place income and upside potential through lease-up or repositioning of the lower level.
INVESTMENT HIGHLIGHTS
- 10,650 SF standalone 3 story office/medical building on 5,130 SF lot
- Elevator building with full fire alarm and sprinkler system throughout
- Second floor leased through June 2027 providing stable in-place income
- Excellent visibility with 50 feet of 3rd Avenue frontage
- Prime Bay Ridge location within a high-traffic retail and professional corridor
- Flexible investment profile – ideal for future owner-users or investors
- Proximity to major transportation, retail amenities, and neighborhood institutions
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,650 SF
Building Class
B
Year Built/Renovated
1932/2000
Price
$3,195,000
Price Per SF
$300
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,600 SF
Building FAR
2.07
Lot Size
0.12 AC
Zoning
R6A
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (88)
Bike Score®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 06126-0007 | Improvements Assessment | $922,500 |
| Land Assessment | $184,500 | Total Assessment | $1,107,000 |
PROPERTY TAXES
Parcel Number
06126-0007
Land Assessment
$184,500
Improvements Assessment
$922,500
Total Assessment
$1,107,000
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Presented by
Scotto Realty
9711 3rd Ave
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