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3033 Avenue V 3021-3043 Avenue V 12,500 SF 100% Leased Retail Building Brooklyn, NY 11229 $17,513,125 CAD ($1,401.05 CAD/SF)



Investment Highlights
- Recently Rezoned R7D/C2-4 | ±110,800 Buildable SF
- Full Blockfront Exposure with Existing Retail Income
- Preliminary Plans for 109 Apartments + Ground-Floor Retail
Executive Summary
3033 Avenue V is a ±20,000 SF full-blockfront mixed-use development opportunity in Sheepshead Bay. Recently rezoned R7D/C2-4 within a Mandatory Inclusionary Housing area, the site offers approximately 110,800 buildable SF and preliminary plans for 109 residential units with ground-floor retail. The existing ±12,500 SF, 12-unit retail strip provides covered-land income while redevelopment plans advance. The property features 200 feet of frontage along Avenue V and approximately 400 feet of combined frontage across three streets. Asking price: $12,500,000, or approximately $113 per buildable SF.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront
Building Size
12,500 SF
Building Class
B
Year Built
1950
Price
$17,513,125 CAD
Price Per SF
$1,401.05 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.62
Lot Size
0.46 AC
Zoning
R7D / C2-4 - Recently rezoned R7D/C2-4 within a Mandatory Inclusionary Housing area, permitting approximately 110,800 ZFA of mixed-use development.
Frontage
200’ on Avenue V
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07367-0036 | Improvements Assessment | $1,554,848 CAD |
| Land Assessment | $341,308 CAD | Total Assessment | $1,896,156 CAD |
Property Taxes
Parcel Number
07367-0036
Land Assessment
$341,308 CAD
Improvements Assessment
$1,554,848 CAD
Total Assessment
$1,896,156 CAD
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3033 Avenue V | 3021-3043 Avenue V
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