180 Atlantic Avenue

Cobble Hill

$4,035,000
Last Sold Price
5
Beds
3
Baths
5,760 Sq. Ft.
$701 / Sq. Ft.
5,760
Sq. Ft.
$701
per Sq. Ft.

Description

With great bones and an outstanding location, you won't want to miss this historic mixed-use building in prime Cobble Hill, featuring three floor-through residential units and a ground-floor commercial space with a cellar.
This 5,760-square-foot building offers a solid 4.5 percent cap rate and free-market rentals. Two apartments are occupied with no leases, while the commercial space and one apartment will be vacant this summer. The apartments are 60-feet deep and offer high ceilings. The Landmarked
...With great bones and an outstanding location, you won't want to miss this historic mixed-use building in prime Cobble Hill, featuring three floor-through residential units and a ground-floor commercial space with a cellar.

This 5,760-square-foot building offers a solid 4.5 percent cap rate and free-market rentals. Two apartments are occupied with no leases, while the commercial space and one apartment will be vacant this summer. The apartments are 60-feet deep and offer high ceilings. The Landmarked building offers attractive original architectural details but could use some love to maximize value and appeal.

Built in 1873, 180 Atlantic Avenue sits within the desirable Cobble Hill Historic District. The Neo-Grec building features a handsome cast-iron façade, including a storefront flanked by original end posts and a bold cornice. Above, large windows feature wrought-iron grilles and gorgeous arched and shouldered enframements. Topped by an extra-tall ornate cornice, the historic structure is unlike anything else in the area.

Located on Cobble Hill's main thoroughfare, the building offers equal appeal for future commercial and residential tenants alike. The storefront benefits from substantial foot traffic in this desirable position near the intersection of Court and Atlantic. Here, a wealth of local shops, restaurants and nightlife venues sit shoulder-to-shoulder with popular national chains, like CVS, Trader Joe's and Urban Outfitters. Nestled within Brooklyn's coveted BoCoCa area, this accessible district is surrounded by Downtown Brooklyn, the MetroTech Center, BAM, Barclays Center, Atlantic Terminal and Pacific Park. Abundant transportation options include excellent bus service and CitiBike stations, and nearly every subway line in the city— including R, 2/3, 4/5, F, G and A/C trains — can be found within a half-mile.

Listing Agents

  1. Fouad Rahmé

    Fouad Rahmé

    Listing Agent

    Compass

  2. Grace Rahmé

    Grace Rahmé

    Listing Agent

    Compass

  3. Rahmé Team

    Rahmé Team

    Listing Agent

    Compass

    rahmeteam@compass.com

    P: 718.233.3365

Amenities

  • Decorative Fireplace
  • High Ceilings
  • Oversized Windows
  • Walk Up
  • Street Parking
  • Northeastern Exposure
  • Full Basement
  • Southwestern Exposure

Location

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LISTING UPDATED: 07/30/2021 07:49 AM

Property Details for 180 Atlantic Avenue

StatusSold
Days on Market26
Taxes$2,775 / month
Common Charges-
Min. Down Pymt-
Total Rooms10.5
Compass TypeMixed Use
MLS TypeCondominium
Year Built1873
CountyKings County

Building

180 Atlantic Ave

3 Units4 StoriesBuilt in 1873

Location

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Building Information for 180 Atlantic Avenue

Building/Complex180 Atlantic AveFloor-Stories4Residences3Pet Policy-Year Built1873Building Age-Building Type-

Payment Calculator

$24,796 per month

30 year fixed, 7.25% Interest

Principal and Interest

$22,021

Property Taxes

$2,775

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 180 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 180 Atlantic Avenue

Taxable ValueLand$397,800Additions$391,050Total$788,850
Home Facts
Total Finished SqFt5,280 SqFtLot Size1,740 SqFtYear Built1900ZoningR6APN3002860016

Schools near 180 Atlantic Avenue

This home is within Nyc Geog District #15 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Zipporiah Mills
PublicPK to 5

School For International Studies
Public6 to 12

Brooklyn Frontiers High School
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.

Similar Homes

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Similar Sold Homes

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