264 & 268 3RD AVENUE

INVESTMENT HIGHLIGHTS

• Owner-User / Value-Add Opportunity: Prime live/work opportunity with 60’ of frontage on 3rd
Avenue, situated at the epicenter of the Gowanus Rezoning. This property offers unparalleled
potential for owner-users to make their mark on the future of Gowanus while benefiting from the
neighborhood’s transformation.

• Two Tax Lots (Buildings Can Be Sold Separately):
– Commercial Building:
• Single-Story, 20’ x 75’ footprint (±1,500 SF)
• Includes ±1,500 SF of residential air rights for potential development

– Mixed-Use Property:
• Irregular 40’ x 100’ ground floor commercial space
• Two residential apartments (3BR/1BA) each built 19’ x 50’

• Burgeoning Neighborhood: Located in the epicenter of the Gowanus Rezoning with over 3,000 units
being developed within a few blocks.

• Available Air Rights: The properties have combined ±11,038 buildable square feet, ±4,094 SF of which are
unused air rights for future expansion, development, or disposition.

• Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on
neighborhood improvement.

• Transportation Accessibility: Located a block away from the R-train, offering quick access to Downtown
Brooklyn and Manhattan.