1512 Pitkin AveBrooklyn, NY 11212
Prime Brooklyn location, high occupancy, strong NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 92
Highlights
- 100% Occupancy, generating a $208,584 NOI and a 7.10% cap rate; pro forma projections show potential for $228,648 NOI and a 7.80% cap rate.
- Nine renovated units with updated kitchens and bathrooms.
- Excellent transit access: 0.025 miles to the 3 train and 0.352 miles to the B7 bus.
- 7,503 square foot building on a 2,323 square foot lot.
- Asking price: $2,900,000 ($386.51/SF).
Property Details for 1512 Pitkin Ave
- Property type
- Multifamily properties, Apartment buildings
- Square Feet
- 7,503 SF
- Class
- B
- Year Built
- 1930
- Stories
- 3
- Units
- 9
Location Insight
- City
- Brooklyn
- County
- Kings
- State
- New York
- Latitude
- 40.6684225
- Longitude
- -73.9177877
Nearby Similar for Sale
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