366 Atlantic Avenue

Boerum Hill

$1,875,000
Last Sold Price
3
Beds
1
Bath
2
1/2 Baths
1,800 Sq. Ft.
$1,042 / Sq. Ft.
1,800
Sq. Ft.
$1,042
per Sq. Ft.

Description

DELIVERED VACANT. Incredible mixed-use opportunity in Prime Boerum Hill, Brooklyn. Two stores and a 2 bedroom apartment on the most coveted commercial block of Atlantic Avenue between Bond Street & Hoyt Street. This stunning two story, 25 foot wide house, has over 2,700sqft of usable space and 4,200sqft of unused FAR. The top floor has a 900+sqft 2 bed, 1 bath apartment with it's own entrance. The street level and finished basement are zoned as two stores but are currently configured as one sprawling...DELIVERED VACANT. Incredible mixed-use opportunity in Prime Boerum Hill, Brooklyn. Two stores and a 2 bedroom apartment on the most coveted commercial block of Atlantic Avenue between Bond Street & Hoyt Street. This stunning two story, 25 foot wide house, has over 2,700sqft of usable space and 4,200sqft of unused FAR. The top floor has a 900+sqft 2 bed, 1 bath apartment with it's own entrance. The street level and finished basement are zoned as two stores but are currently configured as one sprawling store with access to the large private garden. With high ceilings and a flexible layout, this commercial space could be divided or reconfigured in a number of possible layouts. The current tenant occupies both stores and rents the apartment as a sewing studio. The current lease ends in July, 2021. With a projected future CAP rate over 7% and with the potential to add sqft, this mixed-use property has limitless potential. Please note this house is located in the Boerum Hill Historic District and also in the Special Downtown Brooklyn Zoning District. Building: 25' x 38'. Lot 25' x 80'. Please inquire for more information.

Amenities

  • Private Yard
  • Walk Up
  • Window AC can be Installed
  • Back Yard
  • Full Basement
  • Gas Heat
  • Attach / Row Hse
  • Lowrise

Location

Listing Courtesy of: .

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LISTING UPDATED: 01/25/2022 07:30 AM

Property Details for 366 Atlantic Avenue

StatusSold
Days on Market129
Taxes$540 / month
Common Charges-
Min. Down Pymt10%
Total Rooms10.0
Compass TypeMixed Use
MLS TypeCondominium
Year Built1901
CountyKings County

Building

366 Atlantic Ave

1 Units2 StoriesBuilt in 1901

Location

Listing Courtesy of: .

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Building Information for 366 Atlantic Avenue

Building/Complex366 Atlantic AveFloor-Stories2Residences1Pet Policy-Year Built1901Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$12,052 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,512

Property Taxes

$540

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 366 Atlantic Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 366 Atlantic Avenue

Taxable ValueLand$89,100Additions$735,300Total$824,400
Home Facts
Total Finished SqFt8,350 SqFtLot Size3,999 SqFtYear Built1901ZoningR6AAPN3001830017

Schools near 366 Atlantic Avenue

This home is within Nyc Geog District #15 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 38 The Pacific
PublicPK to 5

Brooklyn Frontiers High School
Public9 to 12

Cobble Hill School of American Studies
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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