Mixed-Use Apartment and
525-541 Atlantic Ave Brooklyn, NY 11217
For Sale
Contact for pricing
Pending
Nine consecutive tax class protected mixed-use buildings offer ground-floor retail plus free market and rent-stabilized residences.
Days on Market104
Property Features for 525-541 Atlantic Ave
General Information
- Standard status
- Pending
- Property subtype
- Mixed Use
Listing Agency:
JLL - New York City, New York
(212) 376-5449
Listed By:
Brendan Maddigan · License #NY 10301206472
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 11:53AM
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 JLL - New York City, New York
Investment Insights
Based on property information with market context.
Atlantic Gardens consists of nine consecutive tax class protected mixed-use properties located at 525–541 Atlantic Avenue. The portfolio includes approximately 12,000 RSF of ground floor retail space and a total of 24 residential units, made up of 18 free market units and 6 rent stabilized units.
The residential mix includes 1 studio, 11 one-bedroom units, 8 two-bedroom units, and 4 three-bedroom units. The properties are being offered for sale with an assumable CMBS loan in place.
An assumable $15,000,000 CMBS loan is currently in place with 7 years of interest-only remaining at 4.79%.
The residential mix includes 1 studio, 11 one-bedroom units, 8 two-bedroom units, and 4 three-bedroom units. The properties are being offered for sale with an assumable CMBS loan in place.
An assumable $15,000,000 CMBS loan is currently in place with 7 years of interest-only remaining at 4.79%.
Key Highlights
- Nine consecutive tax class protected mixed‑use properties at 525‑541 Atlantic Avenue in Boerum Hill, Brooklyn
- ~12,000 RSF of ground‑floor retail across the properties
- 18 free market and 6 rent‑stabilized units: 1 studio, 11 one‑bedrooms, 8 two‑bedrooms, and 4 three‑bedrooms
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Mixed-use property - Nine consecutive tax class protected mixed-use buildings offer ground-floor retail plus free market and rent-stabilized residences.
Where is this mixed-use property located?
The property is located at 525-541 Atlantic Ave Brooklyn, NY.
What are key features of this property?
This property features: Nine consecutive tax class protected mixed‑use properties at 525‑541 Atlantic Avenue in Boerum Hill, Brooklyn; ~12,000 RSF of ground‑floor retail across the properties; 18 free market and 6 rent‑stabilized units: 1 studio, 11 one‑bedrooms, 8 two‑bedrooms, and 4 three‑bedrooms
