2232 Pitkin AVE Brooklyn, NY 11207
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision East New York
MLS Listing ID 970640
Rental Info No
Year Built 2002
Annual Tax Amount $49,840
Lot Size 0.287 Acres
Acres 0.287
Property Sub-Type Mixed Use
Source onekey2
Property Description
Brooklyn, NY 11207
Investors • Developers • End-Users
Rare opportunity to acquire a prime retail property with development potential in the heart of the East New York retail corridor along Pitkin Avenue.
Situated on a large 11,325 Sq Ft lot, the property features a 7,500 Sq Ft single-story commercial building with strong frontage along one of Brooklyn's busiest neighborhood retail strips. The surrounding area is densely populated and supported by significant residential density and daily foot traffic.
The property is located within an R7A zoning district, offering potential for mixed-use or residential redevelopment in addition to retail use.
Excellent owner-user or long-term development opportunity
Half of the property is owner-occupied, creating a strong value-add opportunity for a buyer to lease the space at market rent and substantially increase the rent roll and cap rate.
Attached is a private parking lot up to 10 cars that comes with the sale of the property
Location
State NY
County Kings (brooklyn)
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
NEARBY SCHOOL & BUSINESS
Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.
Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.
If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.