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Listing Courtesy of Douglas Elliman Real Estate
$2,900,000
Est. payment /mo
4 Beds
5 Baths
3,020 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,020 sqft
Price per Sqft $960
Subdivision Boerum Hill
MLS Listing ID RLS20098776
Bedrooms 4
Full Baths 5
HOA Y/N No
Year Built 1900
Annual Tax Amount $30,516
Property Sub-Type Mixed Use
Property Description
362 Atlantic Avenue is a well-located mixed-use property positioned on a prime stretch of Atlantic Avenue in the heart of Boerum Hill, one of Brooklyn's most active and desirable commercial corridors. Surrounded by a strong mix of established retail, dining, and neighborhood amenities, the asset benefits from excellent visibility, consistent foot traffic, and immediate access to Downtown Brooklyn, Brooklyn Heights, Cobble Hill, and multiple transportation lines. The three-story building spans approximately 3,020 square feet across four floor-through residential apartments over two ground-floor retail spaces and sits on a 25' x 80' lot, with roughly 6,000 buildable square feet offering meaningful expansion or redevelopment potential. The current rent roll totals approximately $182,220 per year with proposed upside to $258,000 per year, reflecting both in-place stability and clear value-add potential. 362 Atlantic Avenue presents a rare opportunity to acquire a mixed-use asset with free market residential units, a highly desirable retail space, and long-term development potential in one of Brooklyn's most established and high-performing neighborhoods. Please inquire for a detailed set-up.
Location
State NY
County Kings
Rooms
Basement Other
Interior
Interior Features Smoke Free
Cooling Window Unit(s)
Fireplace No
Laundry In Unit
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
Pool Building None
View Y/N Yes
View Other
Porch None
Private Pool Yes
Building
Dwelling Type Mixed Use
Story 3
New Construction No
Others
Pets Allowed Pets Allowed
Tax ID 00183-0015
Ownership None
Monthly Total Fees $2, 543
Special Listing Condition Standard
Pets Allowed Building Yes, No
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RLS Data display by Anthony T Crews Real Estate Llc
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