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Property profile & analytics
OFF-MARKET
Specialty properties

1594 Pitkin Ave Brooklyn, NY 11212

2,700 SF Built 1930
Property ID
Property summary
AI-generated overview

This exceptional 2,700-square-foot commercial property, located at 1594 Pitkin Avenue in Brooklyn's Brownsville business district, presents a versatile investment opportunity. Situated on the corner of Amboy Street, this single-tenant space boasts a 1930s-era building with one story and a 2,700-square-foot lot. The property is adaptable, offering the potential for a single large tenant or division into two 1,350-square-foot units. The space is ideal for a variety of uses, including but not limited to: 99-cent stores, gyms, banks, medical offices, clothing stores, boutiques, pharmacies, and grocery stores. Tenants are responsible for all utilities. Flexible lease terms are available, catering to both short-term and long-term needs. The property benefits from excellent public transportation access, with nearby B7, B12, B14, B60, and B65 bus routes, and easy access to the 2, 3, 4, C, and L subway lines. The surrounding area is vibrant, with numerous schools (PS327, Mott Hall Bridges Academy, and Teachers Preparatory High School), a T-Mobile store, pharmacy, clothing stores, check-cashing services, a barbershop, and a nail salon, ensuring high foot traffic and a strong local customer base. The property's Kings County (Brooklyn) location and 11212 zip code further enhance its appeal.

Property profile
Verified
Property type Specialty properties
Year built 1930
Total area 2,700 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pitkin Pork Truck Restaurant
  • Magic 99¢ & More Discount Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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