www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29683359
29683360

391 Rockaway Ave, Brooklyn, NY 11212

AS
10401366828
REMAX EDGE
REMAX EDGE
Listed by REMAX EDGE
$2,000,000
114 days on market
Updated 43 days ago
Opportunity zone

391 Rockaway Ave

Details
Property Type Industrial, Retail (+2)
Sub Type Manufacturing, Restaurant (+1)
Square Footage 3,081
Net Rentable (SqFt) 3,081
Units 1
Tenancy Vacant
Lease Type Modified
Price per SqFt $649
Broker Co-Op Yes
Class D
Year Built 2008
Year Renovated 2008
Buildings 1
Stories 1
Lot Size (SqFt) 2,700
Zoning C4-3
Parking Spaces 0 spaces
Investment Type Value Add
Occupancy Date 02/11/2026
Ground Lease No
Ceiling Height 23
Loading Docks 1
Ownership LLC

Industrial | 3,081 SqFt

Marketing description

Great opportunity for a development site (8,000 buildable square feet).

Rare opportunity to acquire a vacant 3,081 SF commercial building (including mezzanine) in shell condition with approximately 8,000 buildable square feet, offering significant upside potential.

The property features high ceilings, open industrial layout, and an existing mezzanine, providing strong structural fundamentals for an owner-user, investor, or redevelopment strategy.

Ideal for manufacturing, warehouse, restaurant, bar, brewery, creative use, or future redevelopment (subject to zoning approvals). The substantial unused development rights create a compelling opportunity to expand or reposition the asset.

Located on Rockaway Avenue in a rapidly evolving Brooklyn corridor experiencing ongoing residential growth and reinvestment, the property benefits from increasing density and long-term appreciation potential.

A strong value-add and redevelopment opportunity in an emerging Brooklyn market.

Investment highlights

  1. 3,081 SF Commercial Building (Including Mezzanine)

  2. Approx. 8,000 Buildable SF – Significant unused development rights

  3. Vacant – Delivered in Shell Condition

  4. High Ceilings & Open Industrial Layout

  5. Value-Add / Redevelopment Opportunity

  6. Ideal for Owner-User, Light Manufacturing, F&B, Creative, or Mixed-Use Conversion (subject to approvals)

  7. Located in a Rapidly Growing Brooklyn Corridor

  8. Increasing Residential Density & Neighborhood Reinvestment

  9. Strong Long-Term Appreciation Potential

Listing Contacts

AS
10401366828
REMAX EDGE
REMAX EDGE
Listed by REMAX EDGE

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591