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3429 Atlantic Ave 4,272 SF Retail Building Brooklyn, NY 11208 $3,500,000 ($819.29/SF)
Investment Highlights
- Heavy day time traffic
Executive Summary
This is a great opportunity for an investor or an individual entrepreneur. The area is being gentrified. The existing building has an auto repair shop that does European and sports cars. The roof was recently replaced. It also has new plumbing. It is located on Atlantic Avenue which is a prime thoroughfare that is 10 miles long and goes through Brooklyn and Queens. The city has been laying new pipes on Atlantic Avenue. The building is a corner building and is very visible. The area is both commercial and residential. it could be used as a gym or a laundry etc.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
4,272 SF
Building Class
C
Year Built
1930
Price
$3,500,000
Price Per SF
$819.29
Tenancy
Single
Building Height
1 Story
Building FAR
0.98
Lot Size
0.10 AC
Zoning
R5 - R5 Zoning is considered “low density” residential zoning. Zoning changed recently and you can build apartments above.
Frontage
102’ on Atlantic Avenue
Amenities
- Corner Lot
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04148-0067 | Improvements Assessment | $238,950 |
| Land Assessment | $45,000 | Total Assessment | $283,950 |
Property Taxes
Parcel Number
04148-0067
Land Assessment
$45,000
Improvements Assessment
$238,950
Total Assessment
$283,950
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3429 Atlantic Ave
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