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290 Atlantic Ave
Brooklyn, NY 11201
Retail Property For Sale
Investment Highlights
- Outstanding corner presence with unmatched visibility on Atlantic Avenue.
- Steps from major subway lines including F, G, A, C, 2, 3, 4, and 5 trains.
- Loft-style residential units feature 12-foot ceilings and excellent natural light.
- Fully occupied property featuring retail and residential units.
- 120 feet of retail frontage in a high-traffic corridor exceeding 10,000 pedestrians daily.
- First time offered in 50 years, creating a generational acquisition opportunity.
Executive Summary
A Trophy Corner Site in Boerum Hill with Exceptional Street Presence
A bustling corridor home to local and national tenants with foot traffic of 10,000+ pedestrians daily - one of Brooklyn’s most heavily trafficked corners
Asset Overview
The subject property is a 6,000 square foot, three (3) story walk-up that features 120’ of prime retail frontage. Not included is an additional 1,500 SF of below grade space putting the total building size to approximately 7,500 SF.
Occupancy & Unit Breakdown
The building's four (4) units consist of two (2) retail units, and two (2) commercial loft units - 100% occupied
Signature Building Attributes
Each loft residence features soaring 12-foot ceilings and exceptional natural light, creating bright, airy interiors that feel open and elevated
Zoning Overview
R6A/C2-4/DB zoning
In-Place Revenue with Clear Upside
With strong in-place cash flow and significant upside in a rapidly growing area, 290 Atlantic Avenue represents an outstanding opportunity for investors and owner-users
Premier Transit Access
Easily accessible via the F/G trains at Bergen Street, the A/C/F trains at Jay Street, and the 2/3/4/5 trains at Borough Hall
Generational Opportunity
This property is coming to market for the first time in over 50 years, having remained under single ownership for half a century
A bustling corridor home to local and national tenants with foot traffic of 10,000+ pedestrians daily - one of Brooklyn’s most heavily trafficked corners
Asset Overview
The subject property is a 6,000 square foot, three (3) story walk-up that features 120’ of prime retail frontage. Not included is an additional 1,500 SF of below grade space putting the total building size to approximately 7,500 SF.
Occupancy & Unit Breakdown
The building's four (4) units consist of two (2) retail units, and two (2) commercial loft units - 100% occupied
Signature Building Attributes
Each loft residence features soaring 12-foot ceilings and exceptional natural light, creating bright, airy interiors that feel open and elevated
Zoning Overview
R6A/C2-4/DB zoning
In-Place Revenue with Clear Upside
With strong in-place cash flow and significant upside in a rapidly growing area, 290 Atlantic Avenue represents an outstanding opportunity for investors and owner-users
Premier Transit Access
Easily accessible via the F/G trains at Bergen Street, the A/C/F trains at Jay Street, and the 2/3/4/5 trains at Borough Hall
Generational Opportunity
This property is coming to market for the first time in over 50 years, having remained under single ownership for half a century
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,382 SF
Building Class
C
Year Built/Renovated
1860/2010
NOI
$200,183
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.69
Lot Size
0.10 AC
Zoning
R6A - Medium density residential district
Frontage
Property Taxes
| Parcel Number | 00181-0025 | Improvements Assessment | $1,503,900 |
| Land Assessment | $50,400 | Total Assessment | $1,554,300 |
Property Taxes
Parcel Number
00181-0025
Land Assessment
$50,400
Improvements Assessment
$1,503,900
Total Assessment
$1,554,300
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