858 Atlantic AveBrooklyn, NY 11238

For Sale
$3,650,000

22,950 SF, $3.65M, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional mixed-use property, located at 858 Atlantic Avenue in the vibrant Prospect Heights neighborhood of Brooklyn, New York, presents a compelling investment opportunity. Boasting a substantial 22,950 square feet, the building was constructed in 1925 and benefits from a C6-3A (R9A) permitted zoning classification. The asking price is $3,650,000, translating to a price per square foot of $159.04. Its mixed-use designation offers considerable flexibility for a variety of commercial and potentially residential applications, subject to applicable zoning regulations. The property's substantial size and prime Brooklyn location, coupled with its historical character, make it an attractive prospect for investors seeking a strong return on investment. The building includes a garage, adding to its versatility and potential income streams. Situated in Kings County, with a 11238 zip code, this property enjoys excellent access to public transportation and a thriving local community. Detailed zoning information and potential development options should be verified independently with the relevant city authorities. This is a rare opportunity to acquire a significant mixed-use asset in a highly sought-after Brooklyn location.

Highlights

  • Exceptional 22,950 sq ft mixed-use building in Prospect Heights, Brooklyn.
  • $3,650,000 asking price ($159.04/sq ft).
  • C6-3A (R9A) zoning allows for flexible commercial and residential uses.
  • Includes on-site garage.
  • Located at 858 Atlantic Avenue, Brooklyn, NY 11238, with excellent public transportation access.

Property Details for 858 Atlantic Ave

Property type
Automotive properties, Other mixed-use properties
Square Feet
22,950 SF
Year Built
1925

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6812928
Longitude
-73.9664964
858 Atlantic Ave, Brooklyn, New York

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858 Atlantic Ave
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