1136 Crescent Ave NE Atlanta, GA 30309
Property Lookup
Property profile & analytics
1136 Crescent Ave NE Atlanta, GA 30309
- Garden apartment buildings
- 14,280 SF
- 0.16 lot acres
Property ID
US22-3710020
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Sutra Lounge / Bar & Pub
- LibertyX Bitcoin ATM / Atm / Currency Exchange Service
- Embr Lounge / Bar & Pub / Nightclub
- Fin & Feathers Restaurants / Restaurant
Property Details for 1136 Crescent Ave NE
- Year built
- 1963
- Lot size
- 0.16 lot acres
- Property size
- 14,280 SF
- Zone code
- C4
- Property type
- Garden apartment buildings
- APN
- 17 010600010634
- APU
- 17010600010634
Description
This exceptional mixed-use investment property, located at 1136 Crescent Ave NE in Atlanta, GA, presents a rare opportunity. The 16,918 square foot building boasts 14 recently renovated (2019-2020) multifamily units – eight one-bedroom/one-bath and six studios – all fully furnished and highly desirable in this sought-after Midtown location. The property also includes two ground-floor retail spaces occupied by established tenants: Fin & Feathers Restaurant and Embr Lounge, both with NNN leases extending to 2030 and 2031, respectively, and renewal options. A street-level ATM provides additional passive income. The building sits on a 0.16-acre corner lot, offering excellent visibility and potential for future redevelopment, especially considering its proximity to the proposed Midtown Exchange development. The asking price is $12,000,000 ($709.30/sq ft), and an assumable loan is available. The property's strong location, within walking distance of shops, restaurants, museums, parks, nightlife, and major employers like Google and King & Spalding, ensures high occupancy and rental demand. Its convenient access to major thoroughfares (I-75, I-85, GA State Route 400) and proximity to Piedmont Park further enhance its appeal. The property's strong financial performance is reflected in a pro forma NOI of $812,761. This is a truly unique opportunity to acquire a high-performing, mixed-use asset in one of Atlanta's most vibrant neighborhoods.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $1,470,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,625,000
- 6.5%
- $2,425,000
- 7%
- $2,250,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,561,000
Market price range: $752k - $1.56M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.3845
- Latitude
- 33.7857
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$89,176
$61,080
$2,092,920
$2,154,000
-
$152,700
$5,232,300
$5,385,000
