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Apartment Building with Wrap-Around Terrace
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3815 Atlantic Avenue, Brooklyn, NY 11224

Income-producing apartment building with a wrap-around terrace; nine of ten units are leased and the owner unit will be delivered vacant.

Property SizeContact for details
Days on Market128

Property Features for 3815 Atlantic Avenue

General Information

Standard status Active
Property subtype Multifamily
Occupancy 90%

Additional Details

Multifamily Units 10

Amenities

wrap-around terrace
beautiful front yard

Building Details

Tenancy Multi
Listing Agency: Cushman & Wakefield New York
Listed By: Jeffrey Shalom · License #NY 35SH0892380
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 1:21PM

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 Cushman & Wakefield New York

Investment Insights

Based on property information with market context.

This income-producing apartment building sits on a wide 80-foot lot and offers a wrap-around terrace plus a front yard. The building contains ten units, with nine currently leased at free-market rates; the owner’s unit will be delivered vacant.

Located in South Brooklyn’s Seagate neighborhood, the property is just one block away from the beach. It is also surrounded by parks and neighborhood shops and amenities, including Key Food, Fine Fair, Right Aid, and USPS.

Additional nearby recreation and retail include Sea Gate Beach Club’s pool and amenities, with an Ocean Dreams boardwalk adjacent to the property.

Key Highlights

  • Income‑producing apartment building with 10 units on an 80‑foot wide lot
  • Nine of ten units are leased at free‑market rate; owner’s unit will be delivered vacant
  • Wrap‑around terrace

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Dental Office Spa & Massage Center Gym & Fitness Center

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

10
Residential units
90%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby

Demographics for 11224, NY

46,019
Population
21,354
Households
2.2
Avg Household Size
46
Median Age
33%
College-Educated
82%
High-School Grad
1.6 sq mi
ZIP Area
28,762
Density / Sq Mi
$41,449
Median Household Income
$41,233
Median Earnings
$905
Median Rent
$512,900
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?
Apartment building - Income-producing apartment building with a wrap-around terrace; nine of ten units are leased and the owner unit will be delivered vacant.
Where is this apartment building located?
The property is located at 3815 Atlantic Avenue Brooklyn, NY.
What are key features of this property?
This property features: Income‑producing apartment building with 10 units on an 80‑foot wide lot; Nine of ten units are leased at free‑market rate; owner’s unit will be delivered vacant; Wrap‑around terrace
(646) 827-9968 Call to check price and availability
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