Stores /NY /Kings County /Brooklyn /1645 Pitkin Ave
Stores /NY /Kings County /Brooklyn /1645 Pitkin Ave

1645 Pitkin Ave - Storefront FOR SALE


Brooklyn, NY 11212- Brownsville | 
$7,500,000 USD
718-971-1675
1645 Pitkin Ave, Brooklyn, NY for Sale
$7,500,000 USD
Storefront - FOR SALE
1/8
null | 6.66% Cap Rate
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1645 Pitkin Ave
Brooklyn, NY 11212
Brownsville

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HIGHLIGHTS

  • Surrounded by national tenants including Walgreens, McDonald’s, and Foot Locker
  • Prime Pitkin Avenue frontage in dense Brooklyn retail corridor

OVERVIEW

Fully leased to JD Sports, a FTSE 100 global retailer with $15B+ in revenue Long-term Modified Gross Lease through 2032 with renewal options. Ground level 10,400 SF selling space, Lower Level 10,400 selling space Over 26,000 SF of unused air rights for potential future development

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$721 USD /SF

CAP RATE

6.66%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

C4-3

APN/PARCEL ID

03498-0001

ASK ABOUT THIS PROPERTY

Jack CohenJA Cohen Advisory GroupMore Info
718-971-1675

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Jack CohenJA Cohen Advisory GroupMore Info
718-971-1675

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

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