3rd & 9th Development

Investment Overview

Avison Young, as the exclusive agent, is pleased to offer for sale the 3rd & 9th Development, also known as 449–453 3rd Avenue (the “Site”)—a 106.5’ x 80’ corner lot located on the northeast corner of 3rd Avenue and 9th Street in Gowanus, Brooklyn. The Site is currently improved by a 1,540 SF retail building leased to Enterprise Rent-A-Car through June 2027.

Zoned R6A (C2-4), the Site permits a residential FAR of 3.0, allowing for 25,600 BSF, or up to 3.9 FAR (33,228 BSF) with the UAP housing bonus. The commercial and community facility overlays (2.0x and 3.0x FAR, respectively) also allow for a flexible, mixed-use development.

Investment Highlights

• Prime Corner Development Opportunity
• Efficient Layout & Prominent Frontage
• Strong Residential Demand in Gowanus
• 485x 35-Year Tax Abatement
• R6A Zoning (C2-4 Overlay)