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 | 
$8,000,000 USD
718-971-1675
1645 Pitkin Ave, Brooklyn, NY for Sale
$8,000,000 USD
Storefront - FOR SALE
1/8
null | 6.13% 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 Over 26,000 SF of unused air rights for potential future development

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$769 USD /SF

CAP RATE

6.13%

% 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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