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Mixed-Use Corner Building
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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 SizeContact for details
Days on Market123

Property Features for 399 Atlantic Ave

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Retail
Listing Agency: Lee & Associates - New York
Listed By: Chris Varjan · License #New York
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 6:50AM

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 Lee & Associates - New York

Investment Insights

Based on property information with market context.

This mixed-use elevator building offers 13 residential units above two retail spaces. The apartment mix includes studio, one-bed, and two-bed layouts, and the units are described as having good light and air exposure. One of the retail spaces is occupied by Invest Bank as a long-term tenant.

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

Current Use

Citizens Bank Local Locker Storage Storage Facility Helper Ministries International ... Church Citizens ATM Atm

Suggested Use

Top Pick Auto Parts Store Nursing Home Pet Grooming Service Tanning Salon Adult Day Care Clothing & Fashion 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.

Location Intelligence

Trade Area within ½ mile

13,903
Businesses Nearby

Demographics for 11217, NY

42,417
Population
21,590
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
60,596
Density / Sq Mi
$158,314
Median Household Income
$95,067
Median Earnings
$2,800
Median Rent
$1,614,200
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 - Elevator mixed-use building with 13 residential units over two retail spaces on a corner lot with Atlantic Avenue and Bond Street frontage.
Where is this apartment building located?
The property is located at 399 Atlantic Ave Brooklyn, NY.
What are key features of this property?
This property features: 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.
(212) 776-1207 Call to check price and availability
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