399 Atlantic Ave, Brooklyn, NY 11217
Elevator mixed-use building with 13 residential units over two retail spaces on a corner lot with Atlantic Avenue and Bond Street frontage.
Property Features for 399 Atlantic Ave
General Information
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Investment Insights
Based on property information with market context.
The property is situated on a corner lot with approximately 37 feet of frontage on Atlantic Avenue and approximately 80 feet of frontage on Bond Street. It is noted as being in a favorable area for public transportation and surrounded by restaurant, café, and retail shopping options.
The building also benefits from an old 421-A tax abatement, which expires in June 2022, after which the units are described as transitioning to free-market terms with tenant roll-over.
Key Highlights
- Corner mixed‑use elevator building at 399 Atlantic Avenue with frontage on Atlantic Avenue (37 ft) and Bond Street (80 ft).
- 13 residential units located over two retail spaces in the same building.
- One retail space is leased to Invest Bank as a long‑term tenant.
Property Analytics
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Demographics for 11217, NY
Market
Vacancy Rate% for Multifamily in Northeast region