Property Description

2232 Pitkin AvenueBrooklyn, NY 11207Investors Developers End-UsersRare 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 opportunityHalf 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

Property Features