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Retail Investment Property
For Sale
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1573-1575 Pitkin Avenue, Brooklyn, NY 11212

For sale retail asset offered with a stated 5.16% cap rate and 6,400 SF total size.

Property Size6,400 SF
Days on Market126

Property Features for 1573-1575 Pitkin Avenue

General Information

Standard status Active
Size 6,400 SF
Property subtype Retail

Additional Details

Cap Rate 5.16%
Listing Agency: Cushman & Wakefield New York
Listed By: Jeffrey Shalom · License #NY 35SH0892380
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 8:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield New York

Investment Insights

Based on property information with market context.

This for-sale retail property is listed with a stated 5.16% cap rate and a total building size of 6,400 SF. The offering is presented as a retail investment opportunity.

The property is located at 1573-1575 Pitkin Avenue in Brownsville, NY 11212. This information is provided as part of the property listing details.

Additional specifics on the internal layout, tenant status, or unit configuration are not included in the provided remarks, so interested parties should confirm details during due diligence.

Key Highlights

  • Retail asset for sale with a stated 5.16% cap rate
  • Total size: 6,400 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,765
Businesses Nearby
144k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 50% Groceries 28% Apparel 19% Beauty & Spa 1%
Food Bazaar Supermarket Groceries
26,934 visits/mo 0.3 miles
BP Shops & Services
17,847 visits/mo 0.2 miles
Shoppers World Apparel
14,472 visits/mo 0.0 miles
Dollar Tree Shops & Services
10,409 visits/mo 0.3 miles
Family Dollar Shops & Services
10,124 visits/mo 0.5 miles

Demographics for 11212, NY

91,574
Population
34,782
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
61,049
Density / Sq Mi
$40,060
Median Household Income
$32,553
Median Earnings
$1,231
Median Rent
$549,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail asset offered with a stated 5.16% cap rate and 6,400 SF total size.
Where is this retail space located?
The property is located at 1573-1575 Pitkin Avenue Brooklyn, NY.
What are key features of this property?
This property features: Retail asset for sale with a stated 5.16% cap rate; Total size: 6,400 SF
(212) 544-9500 Call to check price and availability
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