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… Read More 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. Read Less
Listing Courtesy of: Douglas M Bowen, Douglas Elliman Real Estate
Listing Snapshot
Days Online
14
Last Updated
Property Type
MixedUse
Beds
4
Full Baths
5
Square Ft.
3,020
Lot Size
0.05 Acres
Year Built
1900
MLS Number
RLS20098776
30 Days Snapshot Of 11217
$2.71M
0%
(avg) sold price
0
-100%
homes sold
Snapshot
Area Map
Additional Details
Building
Entry Level: 1, Features: GreenBuilding, Living Area Units: SquareFeet, Rooms Total: 12, Structure Type: MixedUse
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by Coldwell Banker Warburg. If you have any questions regarding the accuracy of this data, please contact us at [email protected]. Data updated:
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