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557-567 3rd Avenue

PROPERTY METRICS

  • Price $9,500,000
  • Property Type Commercial
  • Address 557-567 3rd Avenue
  • City Brooklyn
  • State NY
  • Zip 11215
  • Buildable SF 29,690

PROPERTY DETAILS

The Nowak Group of Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 557-559, 561-563 & 565-567 3rd Avenue, a development site located on the corner of 3rd Avenue and 15th Street in Gowanus, Brooklyn (Block: 1040 Lots: 5,3,1).

The subject site is a 126.67 ft x 90 ft, C2-4 / R6A zoned lot. The site totals approximately 29,690 gross buildable square feet. The property is currently home to three warehouse buildings totaling approximately 10,600 square feet that will be delivered vacant. The subject properties are located five blocks from the 4th Avenue / 9th Street subway station, serviced by the F, G & R lines.

This corner development site is just a few blocks away from the recently approved Gowanus rezoning. This 82-block swath of Gowanus is projected to contribute approximately 8,500 units of new housing, 3,000 permanently affordable; 6 acres of new open space along a cleaned-up Gowanus Canal; new commercial and community space; and thousands of jobs.

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