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1744 Pitkin Ave
Brooklyn, NY 11212
Retail Property For Sale

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Investment Highlights

  • Neighboring tenants include national retailers such as Domino's, Chase, and T-Mobile.

Executive Summary

PROPERTY HIGHLIGHTS
Store- 20 x 55 plus basement = $3,200 per
month plus 25% of heat and increases in Real Estate Taxes from 2018
2nd Floor Apartment = $2,500 per month/ 3
bedrooms
3rd Floor, 3 Bedroom + 2 Bath $2,500
Lot - 25 x 55 Building- 25 x 50
Taxes: $17,000/ Heat- $4,000/ Water- $3,200
Electric- $1,200/ Insurance- $8,200
FOR FURTHER DETAILS CONTACT
SAMUEL MIZRAHI Cell 917-561-4526

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,750 SF
Building Class
C
Year Built
1930
Price
$1,250,000
Price Per SF
$333.33
Cap Rate
5.54%
NOI
$69,300
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.87
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
C4-3 - Commercial zoning district
Frontage
25’ on Pitkin Avenue

Amenities

  • Storage Space
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
03524-0011
Land Assessment
$106,650
Improvements Assessment
$64,800
Total Assessment
$171,450
  • Listing ID: 17181134

  • Date on Market: 9/12/2019

  • Last Updated:

  • Address: 1744 Pitkin Ave, Brooklyn, NY 11212

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