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Mixed-Use Building with Ground Retail
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99 & 103 Atlantic Avenue, Brooklyn, NY 11201

Four-story mixed-use property with ground-floor retail and multiple apartments, configured for rental income.

Property Size5,875 SF
Days on Market126

Property Features for 99 & 103 Atlantic Avenue

General Information

Standard status Active
Size 5,875 SF
Property subtype Retail, Multifamily, Mixed Use

Additional Details

Multifamily Units 5

Building Details

Stories 4
Tenancy Multi
Listing Agency: Ariel Property Advisors
Listed By: Sean R. Kelly, Esq. · License #NY 10301203478
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 11:59AM

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.

This four-story mixed-use building includes ground-floor retail and residential units above. The property is 25’ wide and is comprised of four 2-bedroom apartments, one floor-through 3-bedroom apartment, and ground-floor retail across approximately 5,875 square feet.

The building is located on the north side of Atlantic Avenue between Hicks Street and Henry Street in historic Brooklyn Heights. The offering is described as being within seven blocks of eight train lines and about a five-minute walk from Brooklyn Bridge Park and nearby retail and dining corridors along Smith Street, Court Street, and Montague Street.

The building is presented as a turnkey, cash-flowing asset. For more information or to schedule a tour, contact Ariel Property Advisors.

Key Highlights

  • Four‑story mixed‑use building at 103 Atlantic Avenue with ground‑floor retail and multiple apartments
  • 25’ wide property with approximately 5,875 SF total
  • Residential mix includes four 2‑bedroom apartments and one floor‑through 3‑bedroom apartment

Property Analytics

Current Use

HIGH CLASS Grocery & Convenience Store

Suggested Use

Top Pick Auto Parts Store Nursing Home Pet Grooming Service Tanning Salon Adult Day Care (Bike/Boat/Book/etc) 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

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

10,156
Businesses Nearby

Demographics for 11201, NY

69,703
Population
36,155
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
49,788
Density / Sq Mi
$169,285
Median Household Income
$113,681
Median Earnings
$3,207
Median Rent
$1,131,700
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 - Four-story mixed-use property with ground-floor retail and multiple apartments, configured for rental income.
Where is this apartment building located?
The property is located at 99 & 103 Atlantic Avenue Brooklyn, NY.
What are key features of this property?
This property features: Four‑story mixed‑use building at 103 Atlantic Avenue with ground‑floor retail and multiple apartments; 25’ wide property with approximately 5,875 SF total; Residential mix includes four 2‑bedroom apartments and one floor‑through 3‑bedroom apartment
More about this property
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