Marilyn Hagemann - John J Lease Realtors Logo
$4,500,000
( $360.00Per Sq Foot )
 $24,157 est/mo Sourced by Back At You

2232 Pitkin Avenue,Brooklyn, NY 11207

Brooklyn, NY 11207

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Description

2232 Pitkin AvenueBrooklyn, NY 11207Investors Developers End-UsersRare opportunity to acquire a prime retail property with development potential in the heart of the East New York retail corridor along Pitkin Avenue.Situated on a large 11,325 Sq Ft lot, the property features a 7,500 Sq Ft single-story commercial building with strong frontage along one of Brooklyn's busiest neighborhood retail strips. The surrounding area is densely populated and supported by significant residential density and daily foot traffic.The property is located within an R7A zoning district, offering potential for mixed-use or residential redevelopment in addition to retail use.Excellent owner-user or long-term development opportunityHalf of the property is owner-occupied, creating a strong value-add opportunity for a buyer to lease the space at market rent and substantially increase the rent roll and cap rate.Attached is a private parking lot up to 10 cars that comes with the sale of the property

Details

MLS #970640
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year2002
Days On Site208
Listing Provided ByWinzone Realty Inc | Arnold Min

Features

SQ Feet12,500
Story(s)1
Units2
ZoningR7A
Acreage0.29

Interior

CoolingCentral Air
HeatingNatural Gas

Exterior

Construction MaterialsBrick

Utilities

UtilitiesElectricity Connected, Natural Gas Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value600300
Tax Annual Amount49840.24

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11207
Listing VS Median (in 11207)
Price:
$4,500,000
low | high
Med:
$850,000
100% of Average
sqft:
12,500
low | high
Med:
1,881
100% of Average
$ / sqft:
$360
low | high
Med:
$452
24.475751668734% of Average
On site:
208
low | high
Med:
356
58.426966292135% of Average
Sourced by Back At You

Market Activity 11207

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Learn More About This Property

Marilyn Hagemann

Marilyn Hagemann

John J Lease REALTORS

 (845) 541-8479marilynhagemann@johnjleaserealtors.com
StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11207
Listing VS Median (in 11207)
Price:
$4,500,000
low | high
Med:
$850,000
100% of Average
sqft:
12,500
low | high
Med:
1,881
100% of Average
$ / sqft:
$360
low | high
Med:
$452
24.475751668734% of Average
On site:
208
low | high
Med:
356
58.426966292135% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 10:43:25 AM PDT

Marilyn Hagemann - John J Lease Realtors