308 Atlantic AveBrooklyn, NY 11201

  • Mixed-use properties
  • 7,168 SF
For Lease
$73.08/SF/YR View listing

Property Details for 308 Atlantic Ave

Year built
1900
Lot size
0.04 AC
Property size (Sq ft)
7,168 SF
Zone code
R6A
Property type
Mixed-use properties
Property subtype
Retail residential properties
APN
00182-0008
APU
1820008

Description

This exceptional retail property at 308 Atlantic Avenue in Brooklyn, NY, presents a unique investment opportunity. Built in 1872 and extensively renovated in 2017, this four-story building boasts approximately 1,600 square feet of prime retail space, ideally situated between Smith and Hoyt Streets. The property features a 19-foot frontage and impressive 9-foot high ceilings, creating a bright and spacious environment. The building includes two bathrooms, one on each level, and a partial basement offering approximately 1,300 square feet of additional space. Central air conditioning, installed in 2017, ensures year-round comfort. Note that while the central AC is operational, it is not under warranty. The property is a single-tenant space and is conveniently located near nine subway lines, all within a nine-minute radius, ensuring high foot traffic and accessibility. The asking base rent is $9,750 per month. Please note that food-related businesses and those dealing in CBD or cannabis products are not considered. The property has no backyard. The zip code is 11201.

308 Atlantic Ave, Brooklyn, New York

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6882
Longitude
-73.9887
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$55,287
$40,500
$499,500
$540,000
-
$90,000
$1,110,000
$1,200,000

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