[SALE] 7123 3rd Ave. Brooklyn, NY 11209
Updated: Jun 30
Address: 7123 Third Avenue, Brooklyn, NY 11209
Tenant: Citizens Bank
Lease Type: Triple Net (NNN)
Cap Rate: 5.25%
Rental Rate: $60.50/SF
Building Class: Class C
Year Built: 1910
Land Area: 0.12 Acres
Land Size: 5,142 SF
FAR: 3.2
Zoning: R6B
Market: Bay Ridge, Brooklyn
Investment Strengths
✔ Prime Bay Ridge retail corridor location
✔ High pedestrian traffic
✔ Corner property with excellent visibility
✔ Citizens Bank tenancy
✔ NNN lease structure
✔ Dense surrounding population
✔ Limited retail supply
✔ Strong long-term appreciation potential
✔ Valuable Brooklyn real estate location
Contact Agent
![[LEASE] 724 Undercliff Avenue Unit B, Edgewater, NJ 07020](https://static.wixstatic.com/media/fe44ca_e9bf70a84c0c4cf9a1fd8b80413ae1d0~mv2.webp/v1/fill/w_980,h_735,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/fe44ca_e9bf70a84c0c4cf9a1fd8b80413ae1d0~mv2.webp)
![[LEASE] 251 Berry Street, Hackensack, NJ 07601](https://static.wixstatic.com/media/fe44ca_6f6bc1e8265742028c5aee8ed5f5297f~mv2.webp/v1/fill/w_980,h_735,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/fe44ca_6f6bc1e8265742028c5aee8ed5f5297f~mv2.webp)
![[SALE] 597 Piermont Rd, Closter, NJ 07624](https://static.wixstatic.com/media/fe44ca_737e645abb9f4be9a1f8f3bdd5b7ff67~mv2.png/v1/fill/w_980,h_667,al_c,q_90,usm_0.66_1.00_0.01,enc_avif,quality_auto/fe44ca_737e645abb9f4be9a1f8f3bdd5b7ff67~mv2.png)