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Key Details
Sold Price $1,775,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H6281988
Sold Date 05/09/24
Originating Board onekey
Rental Info No
Year Built 1925
Property Description
The subject offering is an 5,560 SF mixed-use building located on the corner of Pitkin Avenue and Chestnut Avenue in Brooklyn's East NY neighborhood. The property is located 2 blocks away from the entrance to the subway, and it is the incredibly rare opportunity to acquire a corner property in one of Brooklyn's desirable neighborhoods. The offering consists of one ground floor retail unit. As well as an integrated garage for convenience. Building was completely gut renovated two years ago along with a new roof, new heating and electric. Above are five 3 bedroom residential units fully occupied and 100% on rental collections. Below, is a versatile basement event space. This is a tremendous user/residential repositioning opportunity in an area that has seen nothing but incredible growth.
Location
State NY
County Brooklyn
Zoning R7A
Interior
Heating Natural Gas, Baseboard
Cooling Window Unit(s)
Fireplace N
Building
Water Public
Others
Special Listing Condition None
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Bought with EXIT Realty Private Client