15-Unit Mixed-Use
For Sale
Contact for pricing
Pending
2904 Atlantic Ave, Brooklyn, NY 11207
Corner property combining stabilized apartments, a seafood market, and billboard income.
Property Size9,000 SF
Days on Market142
Property Features for 2904 Atlantic Ave
General Information
Standard status
Pending
Size
9,000 SF
Property subtype
Mixed Use
Additional Details
Cap Rate
6%
Public Transit
Yes
Multifamily Units
14
Building Details
Buildings
1
Listing Agency:
Raven Property Advisors
Listed By:
Henry Grass · License #10401349760
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 8:15AM
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 Raven Property Advisors
Investment Insights
Based on property information with market context.
This 15-unit mixed-use building contains 14 rent-stabilized apartments alongside a seafood market and billboard. The corner property comprises 9,000 square feet and includes an additional 6,604 square feet of air rights. The seafood market is leased through 2036 with annual increases, while the residential component includes preferential rents totaling approximately $30,000 annually.
Located at 2904 Atlantic Avenue in Brooklyn’s East New York neighborhood, the property is a 4-minute walk from the J Train and M Train at Cleveland Street. The asset carries a 6% cap rate and combines residential, retail, and advertising components within one building.
Located at 2904 Atlantic Avenue in Brooklyn’s East New York neighborhood, the property is a 4-minute walk from the J Train and M Train at Cleveland Street. The asset carries a 6% cap rate and combines residential, retail, and advertising components within one building.
Key Highlights
- 15‑unit, 9,000 SF corner mixed‑use building
- 14 rent‑stabilized apartments
- Seafood market leased through 2036 with annual increases
Property Analytics
Property Profile
Current Use
Lease Details
14
Residential units
Location Intelligence
Trade Area within ½ mile
2,858
Businesses Nearby
Explore this area
Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner property combining stabilized apartments, a seafood market, and billboard income.
Where is this mixed-use property located?
The property is located at 2904 Atlantic Ave Brooklyn, NY.
What are key features of this property?
This property features: 15‑unit, 9,000 SF corner mixed‑use building; 14 rent‑stabilized apartments; Seafood market leased through 2036 with annual increases
