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Seven-Unit Apartment Building
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4215 ATLANTIC AVE, Brooklyn, NY 11224

Renovated 7-apartment building with 10 bedrooms and 7 bathrooms for flexible rental mix.

Property Size4,540 SF
Price / SF$230.84
Days on Market58

Property Features for 4215 ATLANTIC AVE

General Information

Standard status Active
Size 4,540 SF
Property subtype Multifamily
Zoning R3-1
Net Operating Income $62,418

Additional Details

Multifamily Units 7

Building Details

Year Built 1935
Stories 2
Tenancy Multi
Listing Agency: Compass
Listed By: Kurt Vikki · License #New York
Source: Crexi
Added: Jun 22 Changed: Aug 8 Last Checked: Aug 17 at 12:22AM

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 Compass

Investment Insights

Based on property information with market context.

This multifamily apartment building offers seven apartments across three floors, with a layout designed to accommodate a range of tenant needs. Apartments 1 and 2 are positioned at the front of the building, Apartment 3 is on the side, Apartments 4, 5, and 6 are on the second floor, and Apartment 7 is the sole unit on the third floor. In total, the property provides 10 bedrooms and 7 bathrooms. Recent renovations are noted throughout, supporting a turnkey presentation.

The building is located on a serene block directly across from the beach. For city access, express buses (X28/X38) from nearby Neptune Avenue provide service to Midtown Manhattan, and subway connections to the D, F, Q, and N lines are also available. The annual property taxes are $24,351, and the Seagate Association fees are $26,000.

With seven independently arranged units and a bedroom mix spanning 10 bedrooms across the building, the property can support tenants seeking different space requirements while offering an owner an all-in-one structure for managing multiple rentals. The combination of renovated condition and a beach-adjacent setting makes it well-suited for buyers looking for a straightforward multifamily asset in a coastal market.

Key Highlights

  • Renovated 7‑apartment building built in 1935
  • 10 bedrooms and 7 bathrooms across the 7 units for flexible rental configuration
  • Unit layout: Apartments 1–3 on the first floor, 4–6 on the second floor, and Apartment 7 on the third floor

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Hair Salon Spa & Massage 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

7
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

363
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 - Renovated 7-apartment building with 10 bedrooms and 7 bathrooms for flexible rental mix.
Where is this apartment building located?
The property is located at 4215 ATLANTIC AVE Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,048,000.
What are key features of this property?
This property features: Renovated 7‑apartment building built in 1935; 10 bedrooms and 7 bathrooms across the 7 units for flexible rental configuration; Unit layout: Apartments 1–3 on the first floor, 4–6 on the second floor, and Apartment 7 on the third floor
(917) 642-0908 Call to check price and availability
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