366 Atlantic Avenue

Boerum Hill, Brooklyn, NY 11217

$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

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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
Maintenance-
Min. Down Pymt10%
Total Rooms10.0
Compass TypeMixed Use
MLS Type-
Year Built1901
Lot Size2,000 SF / 25' x 80'
CountyKings County

Building

366 Atlantic Ave

1 Units2 StoriesBuilt in 1901

Location

Add your commute

Listing Agents

  1. Brad Bateman

    Brad Bateman

    Listing Agent

    Compass

Building Information for 366 Atlantic Avenue

Stories2Residences1Year Built1901Lot Size2,000 SF / 25' x 80'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$8,451 per month

30 year fixed, 3.85% Interest

Principal and Interest

$7,911

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$13,980Additions$91,140Total$105,120
Home Facts
Total Finished SqFt1,800 SqFtLot Size2,000 SqFtYear Built1901ZoningR6AAPN3001830017

Schools near 366 Atlantic Avenue


SchoolTypeGradesDistanceRating
The Sterling SchoolPrivate3-60.1 mi
NR
P.S. 38 The PacificPublicPK-50.2 mi
7
Brooklyn Frontiers High SchoolPublic9-120.2 mi
2
Cobble Hill School of American StudiesPublic9-120.3 mi
3

The Sterling School

3-6, 0.1 mi, Private

NR

P.S. 38 The Pacific

PK-5, 0.2 mi, Public

7

Brooklyn Frontiers High School

9-12, 0.2 mi, Public

2

Cobble Hill School of American Studies

9-12, 0.3 mi, Public

3

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.

Neighborhood Map and Transit

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