3rd & 9th Development

Brooklyn, NY

View Offering Memorandum

Overview

Summary

  • Lot Size 106.5’ x 80’ Corner Development Site
  • Residential ZFA 25,560
  • Residential ZFA (UAP) 33,228
  • Asking Price $9,250,000

Avison Young, as the exclusive agent, is pleased to offer for sale the 3rd & 9th Development, also known as 449–453 3rd Avenue (the “Site”)—a 106.5’ x 80’ corner lot located on the northeast corner of 3rd Avenue and 9th Street in Gowanus, Brooklyn. The Site is currently improved by a 1,540 SF retail building leased to Enterprise Rent-A-Car through June 2026.

Zoned R6A (C2-4), the Site permits a residential FAR of 3.0, allowing for 25,600 BSF, or up to 3.9 FAR (33,228 BSF) with the UAP housing bonus. The commercial and community facility overlays (2.0x and 3.0x FAR, respectively) also allow for a flexible, mixed-use development.

Higlights

Prime Corner Development Opportunity

Efficient Layout & Prominent Frontage

Strong Residential Demand in Gowanus
485x 35-Year Tax Abatement

R6A Zoning (C2-4 Overlay)

Team

Joseph Moran

Joseph Moran

Associate Director
Avison Young - US - NY - New York
917 842 6051
Patrick Madigan

Patrick Madigan

Director
Avison Young - US - NY - New York
212 729 1623
Fritz Richter

Fritz Richter

Director
Avison Young - US - NY - New York
212 735 8554
Miles Davis-Bosch

Miles Davis-Bosch

Senior Associate
Avison Young
212 277 5557