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Mixed-Use Property with Apartments
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857-861 Atlantic Avenue, Brooklyn, NY 11238

Includes residential apartments and commercial suites within two contiguous buildings.

Property Size8,480 SF
Days on Market145

Property Features for 857-861 Atlantic Avenue

General Information

Standard status Active
Size 8,480 SF
Property subtype Retail, Multifamily, Mixed Use

Units

Unit Mix 4 x 2-bedroom, 2 x studio
Multifamily Units 6

Additional Details

Public Transit Yes

Building Details

Buildings 2
Listing Agency: Ariel Property Advisors
Listed By: Victor Sozio · License #NY 10301211469
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 2:26AM

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 Ariel Property Advisors

Investment Insights

Based on property information with market context.

The offering comprises two adjoining buildings with a combined 8,480 gross square feet. The residential component includes four two-bedroom apartments and two studio apartments, while three commercial units occupy the balance of the property. Together, the buildings provide a combination of apartment and commercial space within one asset.

The property is positioned between Washington and Waverly Avenues on Atlantic Avenue in Clinton Hill, Brooklyn. Atlantic Terminal is three blocks west and provides subway service on the 2, 3, 4, 5, B, D, M, N, Q, and R lines, along with LIRR access. Barclays Center is also nearby, and Pacific Park is located directly south of Atlantic Avenue in Prospect Heights.

Key Highlights

  • Two contiguous mixed‑use buildings totaling 8,480 gross square feet
  • Four 2‑bedroom apartments and 2 studio apartments
  • 3 commercial units included in the offering

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Auto Parts Store Nursing Home (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring 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.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

6,266
Businesses Nearby

Demographics for 11238, NY

60,090
Population
29,588
Households
2
Avg Household Size
35
Median Age
71%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
33,383
Density / Sq Mi
$132,957
Median Household Income
$85,179
Median Earnings
$2,511
Median Rent
$1,146,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes residential apartments and commercial suites within two contiguous buildings.
Where is this mixed-use property located?
The property is located at 857-861 Atlantic Avenue Brooklyn, NY.
What are key features of this property?
This property features: Two contiguous mixed‑use buildings totaling 8,480 gross square feet; Four 2‑bedroom apartments and 2 studio apartments; 3 commercial units included in the offering
(212) 544-9500 Call to check price and availability
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