432-444 3rd Ave 30,632 SF Retail Building Brooklyn, NY 11215 For Sale

432, 440, and 444 3rd Avenue present a unique investment opportunity in the heart of the Gowanus renaissance. The Properties, which combine for over 30,000 square feet of commercial and residential uses, showcase more than 155 feet of frontage along 3rd Avenue. Potential investors have the opportunity to take advantage of the existing month-to-month and short-term leases as an opportunity to occupy space or mark in-place tenants up to market. With such a prime location and overall optionality, these properties present a unique investment opportunity.
One of the key advantages of this location is its proximity to public transportation. Situated just a few blocks form the 9th Street subway station (R line) and the 4th Avenue subway station (F 7 G lines), these properties provide convenient access for both residents and customers. Easy access to public transportation increases the overall appeal and value of the properties.
The recent rezoning plan for the Gowanus area has triggered significant transformational changes. With over $1 billion in public and private investment pouring into the neighborhood, there is a clear indication of the area's potential growth. These revitalization efforts are set to enhance the overall appeal of the Gowanus neighborhood and consequently increase overall values. As a result, the properties at 432, 440, and 444 3rd Avenue are well-positioned to benefit from this ongoing revitalization.