Vacant-User
Prime Bay Ridge - Vacant Corner Retail (Former Rite Aid Drugstore)
9302 3rd Ave, Brooklyn, NY 11209
Listing Price: $9,500,000
Investment Overview
The subject offering is a 9,600 square-foot single-story retail property located on the corner of 3rd Avenue and 93rd Street in Brooklyn’s Bay Ridge neighborhood. The offering consists of a 9,600-square-foot single-story retail property with a full 5,000-square-foot lower level, situated on a 9,600-square-foot lot. Formerly occupied by Rite Aid for the past 25 years, the site will be delivered vacant at closing.
The building is configured 100 feet by 100 feet and zoned R6A/C1-3 with a 3.0 FAR, allowing for up to 30,000 square feet of buildable area as of right. Located in the heart of Bay Ridge—one of South Brooklyn’s most desirable residential neighborhoods—the property is surrounded by a strong mix of local and national retailers, including Chase Bank, Walgreens, Met Fresh Supermarket, HSBC, Starbucks,
Dunkin’, and Foodtown.
This is a rare opportunity to acquire an almost 10,000 square-foot single-story retail asset in Bay Ridge, the site can be redeveloped into a single or multi-tenant retail, or an investor can take advantage of the buildable square footage to develop a mixed-use or fully residential
Prime Bay Ridge - Vacant Corner Retail (Former Rite Aid Drugstore)
Investment Highlights
- 9,600 SF (100 x 100) Single-Story Retail Located on the Corner of 93rd Street and 3rd Avenue in Brooklyn's Bay Ridge Neighborhood.
- Property Will be Vacant at Closing, and had Previously Been Occupied by Rite Aid Drugstore for the Past 25+ Years. Prime Bay Ridge Corner Located in One of the Most Desireable Areas in South Brooklyn
- 10,000 SF Corner Lot Zoned R6A/C1-3 With an FAR of 3, Allowing 30,000 SF Buildable for Mixed-Use, Commercial or Residential. Rare Bay Ridge Redevelopment Opportunity.
Exclusively Listed By
Vacant-User
Prime Bay Ridge - Vacant Corner Retail (Former Rite Aid Drugstore)
Listing Price: $9,500,000
Investment Highlights
- 9,600 SF (100 x 100) Single-Story Retail Located on the Corner of 93rd Street and 3rd Avenue in Brooklyn's Bay Ridge Neighborhood.
- Property Will be Vacant at Closing, and had Previously Been Occupied by Rite Aid Drugstore for the Past 25+ Years. Prime Bay Ridge Corner Located in One of the Most Desireable Areas in South Brooklyn
- 10,000 SF Corner Lot Zoned R6A/C1-3 With an FAR of 3, Allowing 30,000 SF Buildable for Mixed-Use, Commercial or Residential. Rare Bay Ridge Redevelopment Opportunity.
Investment Overview
The subject offering is a 9,600 square-foot single-story retail property located on the corner of 3rd Avenue and 93rd Street in Brooklyn’s Bay Ridge neighborhood. The offering consists of a 9,600-square-foot single-story retail property with a full 5,000-square-foot lower level, situated on a 9,600-square-foot lot. Formerly occupied by Rite Aid for the past 25 years, the site will be delivered vacant at closing. The building is configured 100 feet by 100 feet and zoned R6A/C1-3 with a 3.0 FAR, allowing for up to 30,000 square feet of buildable area as of right. Located in the heart of Bay Ridge—one of South Brooklyn’s most desirable residential neighborhoods—the property is surrounded by a strong mix of local and national retailers, including Chase Bank, Walgreens, Met Fresh Supermarket, HSBC, Starbucks, Dunkin’, and Foodtown. This is a rare opportunity to acquire an almost 10,000 square-foot single-story retail asset in Bay Ridge, the site can be redeveloped into a single or multi-tenant retail, or an investor can take advantage of the buildable square footage to develop a mixed-use or fully residential
Exclusively Listed By
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