362 ATLANTIC AVE (Off Market)

For Sale, 2,900,000 USD


362 ATLANTIC AVE ,

Property Type : Other Residential

Property Style : N/A

Build Size : 3,020 ft² / 281 m²

Land Size : N/A

Bedroom : 4

Bathroom : 5

Half Bathroom : 0

MLS#: 23871939


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.

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362 ATLANTIC AVE , United States,New York,Brooklyn is a 3,020ft² Brooklyn luxury Other Residential listed for sale 2,900,000 USD. This high end Brooklyn Other Residential is comprised of 4 bedrooms and 5 baths. Find more luxury properties in Brooklyn or search for luxury properties for sale in Brooklyn.