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For SaleLuxury

$4,500,000

222 days on market

2232 Pitkin Avenue

Brooklyn, NY 11207

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

2002

Built

Listing narrative

Description

2232 Pitkin Avenue 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

Listing agent (MLS): Arnold Min · Listing brokerage (MLS): Winzone Realty Inc

Property Details

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Price

$4,500,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Mixed Use

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

0.29 acres

Year

2002

Status

For Sale

Days on Market

222

· 8% down, 7% APR, 30yr fixed
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Courtesy of Winzone Realty Inc

2232 Pitkin Avenue, Brooklyn | Keller New York