1735 Pitkin Ave Brooklyn, NY 11212

Listing agency Joey Haddad

Listed by Joey Haddad · License #10401289256

Source Crexi

Added: Apr 12 Updated: Jul 21 at 12:24PM Checked: Jul 21 at 12:24PM

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Investment Insights

Based on property information with market context.

This two-story building is 100% occupied with three tenants. The current tenant mix includes a laundromat, a medical office tenant, and a convenience store, with all tenants either on long-term arrangements or long leases. The laundromat pays 100% of the water bill and is responsible for the roof.

The medical tenant is in negotiations for a five-year lease and a five-year option, while the convenience store is seeking a new lease. The convenience store has a cigarette license, and the remarks indicate it would be difficult to renew that license at another location.

Rents are reported as being paid on time by all tenants.

Key Highlights

• Two‑story building 100% occupied with 3 tenants (long‑term or long‑leased occupancy).
• Laundromat tenant pays 100% of the water bill and is responsible for the roof.
• Medical tenant is in negotiations for a 5‑year lease plus a 5‑year option.

Property Analytics

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FAQs

What type of property is this?

Storefront property - Two-story building is fully occupied by three tenants with long-term or long-leased occupancy in place.

Where is this storefront property located?

The property is located at 1735 Pitkin Ave Brooklyn, NY.

What are key features of this property?

This property features: Two‑story building 100% occupied with 3 tenants (long‑term or long‑leased occupancy).; Laundromat tenant pays 100% of the water bill and is responsible for the roof.; Medical tenant is in negotiations for a 5‑year lease plus a 5‑year option.