393 Atlantic Avenue Brooklyn, NY 11217

185856564 40.68726 -73.984985 724 /listing/185856564-151168966/393-atlantic-avenue-brooklyn-ny-11217 False 0 4000000.0 2940 105 413372 False
  • $4,000,000
  • 2,940 sqft
  • Est payment $21472.86/mo

Property Information

  1. 2,940 Sq. Ft.

Multi-Family in Brooklyn

Location... Location...PRIME Boerum Hill Most desirable Atlantic Avenue & bond retail high traffic & visibility! Rare opportunity to own this legal 2 family Street level (Easily converted back to mixed use/Store) with church! 5 over 5 rooms plus approx 1,470 sq ft church with 20 ft ceiling! Building sqft 2,940 Building dimensions 21 ft x 65 ft Roof height 40 ft Ground elevation 40 ft No leases - delivered vacant with R7A, C2-4, DB zoning Residential FAR 4 Facility FAR 4 FAR as built 1.75 i Allowed usable floor area 6,720 Usable floor area as built 2,940 Unused buildable square feet (air rights) = 3,780. Can built condo & much more! 4% Projected Cap rate - Great upside! Walk to Barclay! Near all train & Downtown development! Minutes to Manhattan or walk to City! Our EXCLUSIVE!!! Proof of funds & qualify buyers ONLY!! Top floor on reshow only! Do not disturb resident!

Courtesy Of Brooklyn Real Property Inc.

Main Features

  • Listing Status: Active
  • Year Built: 1920
  • Floors: 3
  • County: kings (brooklyn)
  • Zoning: R7a
  • MLS Number:413372

Additional Features

  • Ceiling Height:
    • 20+ Foot
  • Commercial Features:
    • Living Space Available
    • Restrooms - Staff
    • Sign - Building
    • Sign - Door
    • Sign – Roof
  • Flooring:
    • Concrete
    • Hardwood
    • Other
  • Lavatories:
    • 4+
  • Building Square Feet:
    • 1365
  • Building Type:
    • Attached
  • Construction:
    • Brick
  • Loading Dock:
    • None
  • Property Subtype:
    • Mixed Use
  • Roof:
    • Flat
    • Rubber
  • Basement Details:
    • Finished
  • Foundation:
    • Poured Concrete
  • Exterior:
    • Brick
  • Yard:
    • Back
    • Fenced - Full
  • Electric:
    • 220 V
  • Heat:
    • Steam/Radiator
  • Heating Fuel:
    • Gas
  • Hot Water:
    • Gas
    • Hot Water Coil in Boiler
  • Financing:
    • Cash
    • Conventional
    • Negotiable
    • Other
  • Gross Income:
    • 180000
  • Net Operating Income:
    • 164918.00
  • Sale Type:
    • Arm's Length
  • Transaction Type:
    • Sale
  • CDOM:
    • 539
  • District:
    • Brooklyn
  • Cap Rate:
    • 0.04
  • Fuel Exp:
    • 2000.00
  • Gross Expenses:
    • 15082.00
  • Insurance Expense:
    • 4000.00
  • Lot Size Length:
    • 80
  • Lot Size Width:
    • 21
  • Lot Sq Ft:
    • 1680
  • Number Of Families:
    • 2
  • Number Of Stores:
    • 1
  • Owner Occupied:
    • No
  • Unit Count:
    • 3
  • Utilities Expenses:
    • 2400.00
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.

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393 Atlantic Avenue Brooklyn, NY 11217

185856564 40.68726 -73.984985 724 /listing/185856564-151168966/393-atlantic-avenue-brooklyn-ny-11217 False 0 4000000.0 2940 105 413372 False
  • $4,000,000
  • 2,940 sqft
  • Est payment $21472.86/mo