Property profile

1546 Pitkin Ave Brooklyn, NY 11212

FOR LEASE
Retail residential properties
Property ID
US63-6136592
4,800 SF 0.04 ac lot Built 1930
Entity Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional office opportunity encompasses two available suites totaling 1,200 square feet, situated on the second and third floors of 1546 Pitkin Avenue. The property is ideally located in a high-traffic area with significant pedestrian and vehicular activity, ensuring excellent visibility and accessibility for your business. The building's zoning classification is C4-3, offering flexibility for a variety of commercial uses. The space is categorized as a traditional office layout, perfect for businesses seeking a professional and established environment. The multiple tenancy structure provides a dynamic and collaborative atmosphere. This location boasts a prominent position on Pitkin Avenue, further enhanced by its proximity to Strauss Street, providing convenient access and excellent connectivity. The suites are ready for immediate occupancy, presenting a unique chance to establish or expand your business in a vibrant and well-connected area. The combined square footage of 1200 square feet offers ample space for various business configurations, allowing for customization to meet specific operational needs. This is an excellent opportunity to secure a well-positioned office space in a high-demand location. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1930
Total area 4,800 SF
Lot 0.04 ac (1,858 SF)
Zoning code C4-3
APN 03515-0035
UPID US63-6136592

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1546 Pitkin Ave Brooklyn, NY 11212
Brooklyn metro Census 90200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
$483k
Blend (final) Blend
$690k

Owner & transaction history

since 2006
1 recorded transaction
2006
$580,000

Zoning & alternative use

C4-3 · Brooklyn, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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