Contacts

Jack Cohen

JA Cohen Advisory Group

(718) 971-1675

Property Details

Property Type Retail
Property Size 1,168 SF
Lot Size 0.03 Acre
Year Built 1930
Date Updated Oct 26, 2023

ASKING PRICE $3,195,000 INCLUDES A 3 BUILDING PACKAGE 1784-1788 PITKIN AVE & 372 MOTHER GASTON BLVD. We are excited to offer you this rare package of 3 consecutive buildings for sale in the up & coming area of Brownsville - located in the Opportunity Zone! These properties were not affected by Covid-19. The 3 commercial tenants are all “Essential Businesses”, and the 4 residential tenants are all Section 8. This area is gentrifying quicker than any other area in Brooklyn. Directly across the street is a brand new state-of-the-art medical center. Just steps away on the same block, a luxury high rise building with a swimming pool is being developed (see below for details). The residential rents in 1784 and 1788 Pitkin Avenues have doubled since 2018 and will only continue to rise as the demand for this area increases. All the apartments are large 3 bedrooms with full living and dining room areas. Every (except 1) unit was completely renovated in the past 3 years. The tenants pay their own utilities, and each unit is equipped with individual central heating systems, AO Smith hot water tanks and washer/dryer rooms. All tenants pay their own utilities. 372 Mother Gaston has unused air rights. These properties are great for an investor who wants to hold onto stable income-producing properties, or for developers who want to redevelop this bustling corner in the Opportunity Zone.

For more information call:

Jack A Cohen

(718) 971-1675 Office

(917) 533-8905 Cell

[email protected]

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Reach out to the broker for more info on lease terms and amenities

Attachments

BROWNSVILLE 3 BUILDING PORTFOLIO (002) (PDF) opens in new window

Getting around

91/100
Walk Score ®
100/100
Transit Score ®
77/100
Bike Score ®

Powered by Walk Score ®

City Brooklyn, NY
Neighborhood Brownsville
Zip Code 11212
Market Brooklyn

Points of Interest

Sutter Avenue

0.27 miles
Atlantic Avenue

0.45 miles
East New York

0.46 miles
Junius Street

0.51 miles
Rockaway Avenue

0.52 miles
Livonia Avenue

0.55 miles
Broadway Junction

0.60 miles
Rockaway Avenue

0.61 miles
Alabama Avenue

0.64 miles
Liberty Avenue

0.64 miles

BP

0.66 miles
BP

0.67 miles
BP

0.76 miles
Gulf

0.88 miles
Speedway

0.94 miles
Speedy Gas

1.20 miles
BP

1.30 miles
Shell

1.44 miles
BP

1.51 miles
BP

1.57 miles

Havens Place Lot

0.49 miles
Kings County Parking Garage

1.99 miles
Stop & Shop Parking

2.35 miles
MMP Parking LLC

2.44 miles
Pathmark

2.81 miles
The Brooklyn Museum and Botanic Garden

3.00 miles
Canarsie Pier

3.10 miles
Underhill Garage

3.11 miles
Cielo Garage

3.21 miles
Rapid Park

3.39 miles

Chen's Fresh Food Market

0.01 miles
KFC

0.25 miles
Taco Bell

0.25 miles
Soulful Food

0.47 miles
Carolina Country Store

0.66 miles
Dunkin'

0.68 miles
McDonald's

0.72 miles
Popeyes

0.76 miles
Dunkin'

0.90 miles
Popeyes

0.92 miles

America’s Food Basket

0.50 miles
Ideal Food Basket

0.62 miles
Key Food

0.67 miles
Fine Fare

0.72 miles
Associated Supermarket

1.00 miles
Associated Supermarket

1.07 miles
Pioneer

1.07 miles
Key Food

1.09 miles
Key Food

1.25 miles
Pathmark

1.27 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

372 Mother Gaston Blvd