INVESTMENT OFFERING
SAB Capital is pleased to present 1512 Pitkin Ave, a mixed-use building located between Legion Street and Saratoga Avenue in the Brownsville neighborhood of Brooklyn, NY, The subject property is built a total of 5,675 square feet over a 25 ft x 92.92 ft lot (Block: 3514, Lot: 36). It is currently situated as 8 residential units over a restaurant.
The subject property is strategically located along the Pitkin Avenue retail corridor and 6 blocks from the Sutter Avenue/Rutland Road “2,3,4” Subway Station. Investors have the opportunity to purchase a primely-located mixed-use property in a section of Brooklyn where commercial rents remain strong and growing.
- Prime Mixed-Use Opportunity in Brownsville
- Total of 8 Rent-Stabilized Units over a Restaurant
- Located Along the Pitkin Avenue Retail Corridor
- Short Walk to the Sutter Avenue/Rutland Road “2,3,4” Subway Station
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| 1512 Pitkin Avenue | $2,600,000 | 7.96% | 5,675 | Available |
