Property Description for 1719 Pitkin Ave
The subject property is a 5 story, 11,250 square foot mixed-use building that consists of 12 residential units as well as 3 commercial units. All 12 residential units are vacant. Of the 3 commercial units, 2 are currently occupied. The corner retail space is rented for $3,000 per month and one of the rear commercial units is rented for $1,250 per month. The residential units are in need of a gut renovation which creates an immense opportunity to maximize the rent roll after the renovation is complete. Located the northeast corner of Pitkin Avenue and Thatford Avenue, the building boasts terrific frontage of one of the most heavily trafficked retail corridors in Brownsville.