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140 Atlantic Ave
Brooklyn, NY 11201
Retail Property For Sale
Executive Summary
* Prime Brooklyn Mixed-Use Gem — 140 Atlantic Avenue
Discover an exceptional investment opportunity in the heart of Brooklyn’s most coveted corridor. Perfectly positioned on Atlantic Avenue - one of the borough’s most trafficked and desirable mixed-use stretches—this fully renovated, fully occupied property offers both stability and upside for investors or end-users.
* Property Highlights
Asking Price: $4,750,000
Building Size: 4,620 sq ft
Free-market tenants (no rent regulation)
Gut-renovated units & common areas
Turnkey, cash-flowing asset
* Building Composition (4 Units)
1st Floor: Retail storefront with a large usable basement and private yard — ideal for strong commercial tenancy
2nd Floor: Renovated 1-bedroom apartment with balcony
3rd Floor: Renovated 1-bedroom apartment with balcony
4th & 5th Floors: Stunning 2-bedroom duplex loft with terrace
* Location, Location, Location
140 Atlantic Avenue sits at the nexus of Brooklyn Heights, Cobble Hill, and Boerum Hill, offering unmatched foot traffic, transit access, and neighborhood prestige. This corridor is known for boutique retail, destination dining, and long-term residential demand.
* Why This Property Stands Out
Rare mixed-use configuration in a blue-chip neighborhood
Strong existing income with room for future growth
Perfect for 1031 buyers, owner-users, or long-term investors
Zero deferred maintenance thanks to full renovations
Discover an exceptional investment opportunity in the heart of Brooklyn’s most coveted corridor. Perfectly positioned on Atlantic Avenue - one of the borough’s most trafficked and desirable mixed-use stretches—this fully renovated, fully occupied property offers both stability and upside for investors or end-users.
* Property Highlights
Asking Price: $4,750,000
Building Size: 4,620 sq ft
Free-market tenants (no rent regulation)
Gut-renovated units & common areas
Turnkey, cash-flowing asset
* Building Composition (4 Units)
1st Floor: Retail storefront with a large usable basement and private yard — ideal for strong commercial tenancy
2nd Floor: Renovated 1-bedroom apartment with balcony
3rd Floor: Renovated 1-bedroom apartment with balcony
4th & 5th Floors: Stunning 2-bedroom duplex loft with terrace
* Location, Location, Location
140 Atlantic Avenue sits at the nexus of Brooklyn Heights, Cobble Hill, and Boerum Hill, offering unmatched foot traffic, transit access, and neighborhood prestige. This corridor is known for boutique retail, destination dining, and long-term residential demand.
* Why This Property Stands Out
Rare mixed-use configuration in a blue-chip neighborhood
Strong existing income with room for future growth
Perfect for 1031 buyers, owner-users, or long-term investors
Zero deferred maintenance thanks to full renovations
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,620 SF
Building Class
C
Year Built
1931
Price
$4,750,000
Price Per SF
$1,028.14
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
9’
Building FAR
2.65
Lot Size
0.04 AC
Zoning
R6 - R6 zoning districts are widely mapped in built-up, medium-density areas in Brooklyn, Queens and the Bronx.
Frontage
43’ on Atlantic Ave
Amenities
- Bus Line
- Metro/Subway
- Air Conditioning
Property Taxes
| Parcel Number | 00285-0019 | Improvements Assessment | $557,100 |
| Land Assessment | $382,950 | Total Assessment | $940,050 |
Property Taxes
Parcel Number
00285-0019
Land Assessment
$382,950
Improvements Assessment
$557,100
Total Assessment
$940,050
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