Description
Located in Brooklyns most sought-after neighborhoods, 380 Atlantic is a 3-story mixed-use property presenting a unique opportunity for an end-user, a discerning investor, or a developer. Measuring 17.5 by 60 on a 90-foot lot, the property boasts 3,120 square feet which consist of ground-floor retail space and two full-floor, loft-like one-bedroom units. This prime property features a large garden (17.5 x 30), a finished basement with full ceiling height, exposed brick, wood-burning fireplace, and approx. 1,600 square feet of additional air rights. The building is in excellent condition with low taxes and carrying costs which makes it perfect as an investment with a high-end rental return. For an end-user, there is unlimited potential to reimagine and reconfigure. The owner can use one unit, rent the other, or combine the two floors and create a spacious owners duplex while retaining the retail space for investment or for their own business.
The location is exceptional and on the most exciting retail corridor that hosts a perfect mix of retailers, boutique clothing and jewelry shops, mom-and-pop stores, amazing restaurants, and coffee shops. Transportation couldn't be more convenient with all major subway lines nearby at Barclays Center, Atlantic Terminal, and Hoyt Street.
Building Features 3 Floors2 Units
Unit Features
$2,775,000
Sold: Apr 13, 2021
-3.98% from ask / 148 Days to Sell
2 Beds / 2 Baths - / - ft²
Total Monthly expenses: $588
Maintenance: - / R.E. Taxes $588
Other Details:
Mixed Use (1-6 Family)
Lot Size: 17.5' x 90.0' Built: 17.33' x 60.0'
Zoning: S1-5, S9
Exclusively listed with: Corcoran Group
Andreea Miller
andreea.miller@corcoran.com
(212) 937-1990
Unit listing history
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