For Sale
$2,995,000

475 3Rd Ave Brooklyn, NY 11215

Prime Gowanus location, high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional mixed-use property, located at 475 3rd Ave, Brooklyn, NY 11215, presents a rare investment opportunity in the thriving Gowanus neighborhood. The 3-story brick building encompasses 3,240 square feet on a 1,243 square foot lot, and is zoned R6A. Currently configured as a two-family dwelling with a commercial storefront, the property offers two residential units, each with two bedrooms, plus a ground-floor retail space. The building features a basement and a backyard. There are no existing leases on the apartments, providing the potential for immediate occupancy or redevelopment. This property is ideally suited for both owner-occupants and investors seeking strong rental income in a rapidly appreciating market. Its prime location offers easy access to public transportation, being just one block from the F/R/G trains at the 9th St/4th Ave station. Nearby amenities include Whole Foods, numerous restaurants, bars, cafes, and shops, as well as major attractions like Barclays Center and Prospect Park. The seller is highly motivated and open to offers. This is a unique chance to acquire a substantial income-producing asset in one of Brooklyn's most desirable areas. The sale is structured as a 1031 exchange.

Highlights

  • Exceptional mixed-use investment opportunity in Gowanus, Brooklyn.
  • 3-story, 3,240 sq ft brick building on a 1,243 sq ft lot, R6A zoning.
  • Two-family dwelling with ground-floor retail; two 2-bedroom units, basement, backyard.
  • No existing leases; potential for immediate occupancy or redevelopment.
  • Prime location: one block from F/R/G trains, near amenities & attractions.
  • Seller motivated, open to offers; 1031 exchange available.

Property Details for 475 3Rd Ave

Property type
Mixed-use properties
Square Feet
3,240 SF
Buildings
1
Stories
3
Units
2

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6706624
Longitude
-73.9915069

FAQs

What type of property is this?
Mixed-use property - Prime Gowanus location, high income potential.
Where is the mixed-use property located?
The property is located at 475 3Rd Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity in Gowanus, Brooklyn.; 3-story, 3,240 sq ft brick building on a 1,243 sq ft lot, R6A zoning.; Two-family dwelling with ground-floor retail; two 2-bedroom units, basement, backyard.
How can I contact the broker?
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475 3Rd Ave
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