3033 Avenue V – Mixed-Use Development Site
R7D / C2-4 MIH Site | ±111K Buildable SF | Mixed-Use Development
Marketing description
Cushman & Wakefield is pleased to exclusively present 3033 Avenue V, Brooklyn, a prime mixed-use development site located in the Sheepshead Bay neighborhood. The full 200’ x 100’ blockfront parcel totals approximately 20,000 SF and benefits from recently approved R7D / C2-4 zoning within a Mandatory Inclusionary Housing (MIH) area, allowing for approximately 111,000 buildable square feet.
Preliminary plans contemplate a mid-rise mixed-use development with approximately 109 residential units above ground-floor retail and potential below-grade parking. The site offers exceptional multi-street exposure with nearly 400 linear feet of combined frontage, enhancing visibility and future branding potential.
The existing single-story retail strip provides covered-land income, allowing investors to carry the site during entitlement, design, and pre-development phases. Positioned in a growing South Brooklyn corridor near Avenue U, Nostrand Avenue, and Gerritsen Avenue, the property represents a rare opportunity to develop scale in an increasingly supply-constrained market.
Investment highlights
• ±111,000 buildable SF as-of-right under R7D / C2-4 zoning (MIH)
• Preliminary plans for 109 residential units with ground-floor retail
• Full 200’ blockfront parcel with ~400’ of multi-street frontage
• Existing retail strip provides covered-land income
• Prime Sheepshead Bay development location in South Brooklyn
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