1 /
2
Map
$5,490,000 - $6,710,000
●
Land -
Off Market
1518 Pitkin Avenue
Brooklyn, NY 11212
Studio
0 Bath
Transfer
Buyer
About This Property
Positioned at 1518 Pitkin Avenue, this property stands as a
practical opportunity for developers. Encompassing two commercial
lots and one vacant lot, the site spans 14,292 square feet (with
dimensions of 100' x 142.92') and holds a C4-3 zoning, allowing for
the construction of a 68,601 square feet mixed-use building. Its
strategic corner location at the intersection of Pitkin Avenue and
Saratoga Avenue permits a 100% lot coverage ratio.
Conveniently located 0.5 miles from the Rutland Road subway
station, the property ensures seamless transportation access.
Situated amidst a vibrant retail corridor with established national
tenants, it offers a pragmatic choice for developers seeking a
sound investment opportunity. The property's
mont-to-month tenancy provides developers with a clean slate for
envisioning their project. In addition to the potential for a
63-unit mixed-use building, featuring approximately 5,717 square
feet of ground floor retail space, there is room for further
expansion. By incorporating Community Facility space, developers
can maximize the project to a total of 68,601 square feet. This
property represents a practical canvas for crafting a versatile
mixed-use development, promising functionality and growth in a
prime location.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 28, 2024 | No longer available | - | |
No longer available | |||
Nov 26, 2023 | Listed | $6,100,000 | |
Listed |