Development Site at 123 3rd Street in Gowanus
FOR SALE
$2,500,000
123 3rd Street, Brooklyn, NY 11231
Property Description
Positioned in the heart of the Gowanus Mixed Use District, 123 Third Street presents a rare opportunity to acquire and develop in one of Brooklyn’s most dynamic and rapidly transforming neighborhoods. Surrounded by significant new construction and long-term neighborhood investment, including major development on Bond Street
Property Details
Asset Type
Development Site
Zoning
M1-4/R7-2
Lot Size
1,575 SF
Neighborhood
Gowanus
Submarket
Brooklyn
ZIP
11231
Listing Type
sale
30 years
10 years
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$142,215
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$11,851
Annual Debt Service
$142,215
View on Map
Address
123 3rd Street
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Brooklyn Development Site Market Snapshot
Boundary boundary · Development Site · Sale
No investors found in this market.
