New York, NY 11207

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Lot Size: 0.3 Acres

Financials

Price:$5,990,000
Annual Taxes:$49,840.24
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Winzone Realty Inc

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 ...

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

Amenities

  • Electricity Connected
  • Natural Gas Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.