2724 PITKIN AVENUE

2724 Pitkin Avenue, Brooklyn, NY 11216
$3,500,000

Cap Rate
7.21%
Price Per SF
$430
Gross SQFT
8,145
NOI
$252,502
Property Type
Apartments

INVESTMENT HIGHLIGHTS

  • Fantastic Light & Air: Air shafts on both sides of the building provide significant light and air, allowing for efficient unit layouts.
  • Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement.
  • Transportation Accessibility: The Euclid Avenue station entrance is just 50 feet from subject property, with A & C trains providing convenient access throughout Brooklyn, Queens, and Manhattan.
  • Low Maintenance: Building has been renovated and meticulously maintained, with no need for short-term capital improvements

Broker of Record

  • Cory Rosenthal
  • License No. 10991237833 (NY)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203