1755 Pitkin Avenue Brooklyn, NY
1755 Pitkin Avenue Brooklyn, NY Retail Building For Sale - 50’ of Frontage on Pitkin Avenue
FOR SALE Building Features Location
North side of Pitkin Avenue between Watkins Street & Osborn Street
Block / Lot
3489 / 254
Lot Dimensions
50’ x 100’ (Approx.)
Lot SF
5,000 (Approx.)
Zoning
C4-3 (R6 Residential Equivalent)
FAR
3.40 (R6 – 2.20)
BSF
17,000
Building Dimensions
50’ x 96’ (Approx.)
Building Size
6,050 sq. ft. (Approx.)
Stories
1+ (Mezzanine – approx. 1,250 sf)
Assessment (17/18):
$499,793
Taxes (17/18):
$52,848
Property Highlights The subject property is a single story retail building located on the north side of Pitkin Avenue Street between Watkins Street and Osborn Street in Brownsville, Brooklyn. The property is currently owner occupied and will be delivered vacant, making it a great opportunity for a user, investor, or developer. The building measures approximately 4,800 sq. ft. on the ground floor and contains a 1,250sq. ft. mezzanine. The property also has a full basement with approx. 8’ of clearance to the beams. In addition to it’s current use, 1755 Pitkin Avenue carries a substantial amount of unutilized development rights, which could be used to expand the property’s rentable floor area and significantly increase its income potential. The property is conveniently located a few blocks from the (L) train at Sutter Avenue. The B14, B12, and B60 buses also provide service to this location.
Asking Price: $2,400,000 For More Information, Please Contact: Edward Gevinski Director of Sales 718 307 6502 [email protected]
Brian Streilein Senior Associate 718 307 6505 [email protected]
Salvatore Falcone Associate 718 307 6503 [email protected]
Cushman & Wakefield One Pierrepont Plaza, 9th Floor, Suite 2 Brooklyn, NY 11201 phone: +1 718 238 8999 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
FOR SALE Building Features Location
North side of Pitkin Avenue between Watkins Street & Osborn Street
Block / Lot
3489 / 254
Lot Dimensions
50’ x 100’ (Approx.)
Lot SF
5,000 (Approx.)
Zoning
C4-3 (R6 Residential Equivalent)
FAR
3.40 (R6 – 2.20)
BSF
17,000
Building Dimensions
50’ x 96’ (Approx.)
Building Size
6,050 sq. ft. (Approx.)
Stories
1+ (Mezzanine – approx. 1,250 sf)
Assessment (17/18):
$499,793
Taxes (17/18):
$52,848
Property Highlights The subject property is a single story retail building located on the north side of Pitkin Avenue Street between Watkins Street and Osborn Street in Brownsville, Brooklyn. The property is currently owner occupied and will be delivered vacant, making it a great opportunity for a user, investor, or developer. The building measures approximately 4,800 sq. ft. on the ground floor and contains a 1,250sq. ft. mezzanine. The property also has a full basement with approx. 8’ of clearance to the beams. In addition to it’s current use, 1755 Pitkin Avenue carries a substantial amount of unutilized development rights, which could be used to expand the property’s rentable floor area and significantly increase its income potential. The property is conveniently located a few blocks from the (L) train at Sutter Avenue. The B14, B12, and B60 buses also provide service to this location.
Asking Price: $2,400,000 For More Information, Please Contact: Edward Gevinski Director of Sales 718 307 6502 [email protected]
Brian Streilein Senior Associate 718 307 6505 [email protected]
Salvatore Falcone Associate 718 307 6503 [email protected]
Cushman & Wakefield One Pierrepont Plaza, 9th Floor, Suite 2 Brooklyn, NY 11201 phone: +1 718 238 8999 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
