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358-360 Atlantic Avenue 2 Multifamily Properties in Brooklyn, NY
Investment Highlights
- 50' of prim retail frontage on a bustling corridor home to local and national tenants with foot traffic of 10,000+ pedestrians daily
- Easily accessible to transportation via the Hoyt-Schermerhorn Street, Nevins Street or Dekalb Avenue subway stations
Executive Summary
Two contiguous walkup buildings totaling seven (7) residential & three (3) retail units across 6,768 SF
358 Atlantic Avenue - Four(4) units consisting of one (1) retail space and three (3) FM apartments. 360 Atlantic Avenue - six (6) units consisting of two (2) retail spaces and four (4) FM apartments
Entirely free market and 100% occupied
Protected Tax Class 2A limits property tax increases year over year
50' of prim retail frontage on a bustling corridor home to local and national tenants with foot traffic of 10,000+ pedestrians daily
Strong in-place cash flow and significant upside in a rapdily growing area
Located less than 0.5 miles from Atlantic Terminal & Barclays Center
Easily accessible to transportation via the Hoyt-Schermerhorn Street, Nevins Street or Dekalb Avenue subway stations
358 Atlantic Avenue - Four(4) units consisting of one (1) retail space and three (3) FM apartments. 360 Atlantic Avenue - six (6) units consisting of two (2) retail spaces and four (4) FM apartments
Entirely free market and 100% occupied
Protected Tax Class 2A limits property tax increases year over year
50' of prim retail frontage on a bustling corridor home to local and national tenants with foot traffic of 10,000+ pedestrians daily
Strong in-place cash flow and significant upside in a rapdily growing area
Located less than 0.5 miles from Atlantic Terminal & Barclays Center
Easily accessible to transportation via the Hoyt-Schermerhorn Street, Nevins Street or Dekalb Avenue subway stations
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 6,768 SF |
| Number of Properties | 2 | Total Land Area | 0.22 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,768 SF |
| Total Land Area | 0.22 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 358 Atlantic Ave, Brooklyn, NY 11217 | Multifamily | 3,520 SF | 1900 | - |
| 360 Atlantic Ave, Brooklyn, NY 11217 | Multifamily | 3,248 SF | 1900 | - |
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358-360 Atlantic Avenue
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