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712 3rd Ave
Brooklyn, NY 11232 Industry City

$5,900,000 USD

Light Distribution For Sale  •  15,000 SF

Property Details

  • Property Type Light Distribution
  • Total Building Size 15,000 SF
  • Lot Size 0.34 AC
  • Building Class C
  • Year Built 1995
  • Tenancy Multiple
  • Zoning M3-1
90 Transit Score
80 Walk Score

Highlights

712 3rd Avenue offers a 15,000-square-foot light distribution/flex investment that is 85% leased with stable rental income and value-add potential.
Highly visible location with frontage to both 3rd Avenue and Interstate 278, offering exposure to more than 130,000 daily passing vehicles.
Diverse tenant mix that produces more than $324,000 in annual gross income, with upside to fill remaining vacancies and capture increased returns.
Ideally located for distribution operations, just 1.1 miles from South Brooklyn Marine Terminal and 1.6 miles from Red Hook Container Terminal.
Convenient location near retail and restaurant amenities and within walking distance of the Prospect Avenue and 25th Street subway stations.
Highly liquid submarket with over 50 sales and $106 million in sales volume during the past year, allowing investors to capture added value quickly.

Major Tenants

Tenant SF Occupied Lease End Date
Concord Limousine
Unbox

Amenities

  • 24 Hour Access
  • Bus Line
  • Conferencing Facility
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Atlantic Terminal (Babylon Branch - Long Island Rail Road, City Terminal Zone - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 8 min - 2.4 mi
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 11 min - 3.7 mi
Transit/SubwayDriveWalkDistance
25 Street (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 1 min 5 min 0.3 mi
Prospect Avenue (D,M,N,R Line) (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 1 min 8 min 0.4 mi
36 Street (D,M,N,R Line) (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 3 min 15 min 0.8 mi
4 Avenue-9 Street (D,M,N,R Line) (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 3 min 16 min 0.9 mi
4 Avenue-9 Street (F,G Line) (F - New York MTA Subway (The Subway)) 2 min 17 min 0.9 mi
AirportDriveWalkDistance
LaGuardia 24 min - 13.0 mi
John F Kennedy International 27 min - 14.6 mi
Newark Liberty International 28 min - 16.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Adam Imas Gavrilov 191-730-6700 Adam Gavrilov LLC
Adam Imas Gavrilov 191-730-6700 Adam Gavrilov LLC