This Multifamily Property is no longer advertised on LoopNet.com.

1845-1849 Atlantic Ave
Brooklyn, NY 11233
Multifamily Property For Sale · 16 Units

Investment Highlights

  • 2031 421A EXPIRATION WITH BELOW MARKET RENTS
  • STABLE IN-PLACE CASH FLOW WITH VALUE-ADD POTENTIAL
  • UPSIDE TO 8.5% CAP RATE WITH SUBSTANTIAL PREFERENTIAL RENTS
  • LESS THAN A 5-MINUTE WALK TO RALPH AVE SUBWAY
  • EVERY TENANT HAS INDIVIDUAL BOILER AND HOT WATER TANK

Property Facts

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.15 AC
Building Size 20,160 SF
No. Stories 4
Year Built 2004
Zoning R6

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Tub/Shower
  • Wheelchair Accessible (Rooms)

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 16 - -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 01712-0139
  • 01712-0039
Land Assessment
$20,700
Improvements Assessment
$1,566,900
Total Assessment
$1,587,600
  • Listing ID: 38610940

  • Date on Market: 12/1/2025

  • Last Updated:

  • Address: 1845-1849 Atlantic Ave, Brooklyn, NY 11233

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