1718 Pitkin Ave - Office FOR SALE


Brooklyn, NY 11212- Brownsville
$2,250,000 USD
516-647-1782
1718 Pitkin Ave, Brooklyn, NY for Sale
$2,250,000 USD
Office - FOR SALE
1/6
null | Request Cap Rate

1718 Pitkin Ave
Brooklyn, NY 11212
Brownsville


OVERVIEW

Redevelopment Opportunity!! PRICE REDUCTION! Potential to be combined with 1722 & 1724 Pitkin creating a combined lot of 7500SF, with a GBA of 75,000SF. Potential for a 10-Story structure. Brownsville is a diverse and vibrant community. The neighborhood has a rich cultural history and is known for its strong sense of community. Parks and Recreation Brownsville Recreation Center Lincoln Terrace Park Hospitals Brookdale University Hospital Medical Center (1.5mi) Kings County Hospital Center (2.5 mi) Schools P.S. 150 Christopher Mott Hall Bridges Academy Brownsville Academy High School Neighborhood Real Estate Market The Brownsville neighborhood has been experiencing gradual growth in its real estate market. As of recent data, the average home value in the area is approximately $764,177, with a median lot size of 10,018 square feet. The community comprises a mix of renters and homeowners, with about 84% of residents renting their homes. The average household income in the area is around $45,350. The neighborhood offers a variety of property types, including single- family homes, multi-family units, and mixed-use buildings. The ongoing development and community initiatives contribute to the area's evolving real estate landscape.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$450 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,792 SF

ZONING

-

APN/PARCEL ID

03523-0010

ASK ABOUT THIS PROPERTY

Jeremy M. OgurKeller Williams LegendaryMore Info
516-647-1782

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Jeremy M. OgurKeller Williams LegendaryMore Info
516-647-1782

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