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Four-Story Mixed-Use Building
For Sale
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121 Atlantic Avenue, Brooklyn, NY 11201

Fully occupied property combines residential apartments with ground-floor commercial space.

Property Size6,524 SF
Days on Market10

Property Features for 121 Atlantic Avenue

General Information

Standard status Active
Size 6,524 SF
Property subtype Mixed Use
Zoning C1-3, R6
Occupancy 100%

Site & Location

Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 5

Building Details

Buildings 1
Stories 4
Units 7
Tenancy Multi
Listing Agency: TerraCRG
Listed By: John Ceccoli · License #2326363
Source: Crexi
Added: Jul 30 Changed: Aug 8 Last Checked: Aug 8 at 11:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TerraCRG

Investment Insights

Based on property information with market context.

This four-story mixed-use building contains 6,524 square feet and seven units: five free-market residential apartments and two commercial spaces at street level. The commercial component includes Caffè Buon Gusto, an established Italian restaurant, and a deli. The property is fully occupied and carries C1-3, R6 zoning.

The building occupies the corner of Atlantic Avenue and Henry Street in Brooklyn Heights, along an active retail corridor. Brooklyn Bridge Park is immediately nearby, and multiple subway lines—including the 2, 3, 4, 5, A, C, F, and R—are accessible from Borough Hall, Court Street, High Street, Jay Street–MetroTech, and Clark Street stations. Its combination of residential and commercial occupancy provides a diversified mixed-use configuration in a well-connected Brooklyn location.

Key Highlights

  • 6,524‑square‑foot, four‑story mixed‑use building
  • Seven units: five free‑market apartments and two ground‑floor commercial spaces
  • Fully occupied with an Italian restaurant and deli in the commercial spaces

Property Analytics

Current Use

KeyNest - Smart Key ... Shopping Center & Mall atmWorld ATM Atm Champion Deli & Grocery Food Market

Suggested Use

Top Pick Nursing Home Auto Parts Store Pet Grooming Service Tanning Salon Adult Day Care (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

10,156
Businesses Nearby

Demographics for 11201, NY

69,703
Population
36,155
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
49,788
Density / Sq Mi
$169,285
Median Household Income
$113,681
Median Earnings
$3,207
Median Rent
$1,131,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied property combines residential apartments with ground-floor commercial space.
Where is this mixed-use property located?
The property is located at 121 Atlantic Avenue Brooklyn, NY.
What are key features of this property?
This property features: 6,524‑square‑foot, four‑story mixed‑use building; Seven units: five free‑market apartments and two ground‑floor commercial spaces; Fully occupied with an Italian restaurant and deli in the commercial spaces
More about this property
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