482 Chestnut Street, Brooklyn, NY 11208

Property Description

The subject offering is an 5,560 SF mixed-use building located on the corner of Pitkin Avenue and Chestnut Avenue in Brooklyn's East NY neighborhood. The property is located 2 blocks away from the entrance to the subway, and it is the incredibly rare opportunity to acquire a corner property in one of Brooklyn's desirable neighborhoods. The offering consists of one ground floor retail unit. As well as an integrated garage for convenience. Building was completely gut renovated two years ago along with a new roof, new heating and electric. Above are five 3 bedroom residential units fully occupied and 100% on rental collections. Below, is a versatile basement event space. This is a tremendous user/residential repositioning opportunity in an area that has seen nothing but incredible growth.