1399 Atlantic Ave Brooklyn, NY 11216-6249

Property Details for 1399 Atlantic Ave

Year built

1901

Lot size

0.03 lot acres

Property size

4,160 SF

Zone code

R6A

Property type

Investment properties

Property subtype

Live-work space

APN

01869-0031

APU

18690031

Description

This exceptional offering presents a rare opportunity to acquire a mixed-use portfolio in the thriving Bedford-Stuyvesant neighborhood of Brooklyn, New York. The property comprises two three-story buildings, each featuring two three-bedroom, two-bathroom residential units and one commercial unit, totaling six units across both buildings. Both buildings will be delivered vacant, providing immediate flexibility for the new owner. The portfolio also includes a vacant lot at 1403 Atlantic Avenue, offering 3,870 buildable square feet, adding significant development potential. The combined buildings offer 6,240 square feet on a 3,870 square foot lot. The property is zoned R6A and benefits from its prime location near the Kingston-Throop Avenues A and C subway station, providing convenient access to public transportation. The area boasts a vibrant mix of amenities, including grocery stores, banks, pharmacies, and various restaurants, enhancing the appeal and potential rental income of the property. This portfolio represents a compelling investment opportunity in a rapidly appreciating market, offering both immediate income potential and significant long-term growth prospects. The combined buildable square footage, including the vacant lot and existing buildings, is 5,370 square feet. The buildings were constructed in 1901.

Location Insight

City

Brooklyn

County

Kings

State

New York

Longitude

-73.9435

Latitude

40.6784

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments