2904 ATLANTIC AVENUE, Brooklyn, NY 11207
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Angela Chadwell

Angela Chadwell

+1(315) 269-1758
$ 1,895,000
Est. payment | /mo

15 Baths

9,000 SqFt

Save
$ 1,895,000
Est. payment | /mo
Save

15 Baths

9,000 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,000 sqft

Price per Sqft $210

MLS Listing ID 12042739

Full Baths 15

Annual Tax Amount $42,709

Property Description

Prime Brooklyn Investment Opportunity - 14-Family Building with 1 Store An exceptional opportunity to acquire a substantial income-producing property at 2904 Atlantic Avenue, Brooklyn, NY. This mixed-use investment features 14 residential apartments and one commercial store in a desirable, high-visibility location. The property generates an impressive gross annual income of $360,984, with estimated annual operating expenses of approximately $94,000, resulting in an estimated net operating income (NOI) of $266,984 per year. With its combination of residential and commercial income, this property presents an attractive opportunity for investors seeking a substantial Brooklyn asset with established income and long-term investment potential. Property Highlights: 14 residential apartments plus 1 commercial store Gross annual income: $360,984 Estimated annual operating expenses: $94,000 Estimated annual net operating income: $266,984 Prime Atlantic Avenue location in Brooklyn Mixed-use income stream from residential and commercial tenants Attractive opportunity for investors seeking strong cash flow and long-term appreciation potential A compelling opportunity to acquire a sizable multifamily and retail property in Brooklyn.

Location

State NY

County Kings County

Rooms

Dining Room 0

Kitchen 0

Building

Story 4

Sewer Municipal

Water Municipal

Structure Type Masonry - Brick

Nearby Locations

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Angela Chadwell
Angela Chadwell

Principal Broker/Owner VA 0225258114VA 0225225580DC BR40000438

+1(315) 269-1758

3920 Plank Rd, Suite 120, Fredericksburg, VA 22407, USA

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2904 ATLANTIC AVENUE