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Property profile & analytics
FOR SALE
Investment properties

2063 Atlantic Ave Brooklyn, NY 11233

1,350 SF 0.07 ac lot Built 1924
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US63-0980102
Property summary
AI-generated overview

This exceptional Brooklyn investment property at 2063 Atlantic Avenue offers 2,314 square feet of versatile commercial space, ideally suited for a variety of uses. The property features two units: a ground-level space previously used as a retail store and automotive repair bay, boasting 12-foot ceilings and a symmetric lift, and a separate upstairs office space with its own entrance. Both units are individually metered, simplifying separate leasing arrangements. The building, constructed in 1924, is a two-story structure situated on a high-traffic street with excellent visibility. The property includes one loading dock and three parking spaces. The permitted zoning is R5. With a total asking price of $1,190,000 ($595,000 per unit), and a price per square foot of $514.26, this property presents a compelling investment opportunity. The building's location provides easy access to major transportation arteries, including the Jackie Robinson Parkway, Interstates 278 & 678, and JFK Airport. A Costar estimate projects an annual rental potential of $92,560 to $113,000, suggesting a projected 8.6% cap rate. The property is being sold vacant, allowing for immediate customization and tenant selection. The 20-foot ceiling height in the main space offers significant storage potential. This property is a rare find in a prime Brooklyn location.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1924
Total area 1,350 SF
Lot 0.07 ac (2,958 SF)
Zoning code R5
APN 01566-0042
UPID US63-0980102
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gld Flicks NYC INC Photography Service (Bike/Boat/Book/etc) Store
  • Ace Tyre Spot LLC (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lkh2063 LLC · 1 yrs held
Lkh2063 LLC
since 2025
7 recorded transactions
2025
Price N/A
2025
$1.1M
2024
Price N/A
2022
Price N/A
2016
Price N/A
2012
$416,000
2009
Price N/A
Zoning & alternative use
R5 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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