393 Atlantic Avenue
Brooklyn, NY 11217
MLS #413372

Mixed Use
  • 2,940sq ft
$4,000,000
Est. P&I payment: $15277.29/mo
Share  
Description for 393 Atlantic Avenue, Brooklyn, NY 11217
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!
MLS #413372
Tour This Property In Person
Request a Showing
 

My Notes for MLS #413372

General Features

  • Number Of Families: 2
  • Number Of Stores: 1
  • Owner Occupied: No
  • Property Sub Type: Mixed Use
  • Property Type: Mixed Use
  • Status: Active
  • Unit Count: 3
  • Year Built: 1920
  • Zoning: R7a

Utility Features

  • Electric: 220 V
  • Hot Water: Gas,​Hot Water Coil in Boiler
  • Utility Expense: 2,400

Financial Features

  • Assessment Fee End Date: 0000-00-00 00:00:00
  • Cap Rate: 0.04
  • Financing: Cash,​Conventional,​Negotiable,​Other
  • Fuel Expense: 2,000
  • Gross Expense: 15,082
  • Gross Income: 180,000
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • Insurance Expense: 4,000
  • Net Operating Income: 164,918
  • Tax Abatement End Date: 0000-00-00 00:00:00
  • Tenant Lease End Date: 0000-00-00 00:00:00
  • Transaction Type: Sale

Interior Features

  • Basement Amenities: Finished
  • Ceiling Height: 20+ Foot
  • Commercial Features Interior: Living Space Available,​Restrooms - Staff
  • Flooring: Concrete,​Hardwood,​Other
  • Lavatories: 4+
  • Sq Ft Total: 2,940
  • Stories: 3

Miscellaneous Features

  • Date Available: 0000-00-00 00:00:00
  • Sale Type: Arm's Length

Community Features

  • Borough: Brooklyn
  • City: Brooklyn
  • County Or Parish: Kings (Brooklyn)
  • Cross Street Name: Bond Street
  • Cross Street Name 2: Hoyt Street
  • MLS Area Major: Boerum Hill

Exterior Features

  • Building Footprint Sq Ft: 1,365
  • Building Length: 65
  • Building Type: Attached
  • Building Width: 21
  • Commercial Features Exterior: Sign – Roof,​Sign - Building,​Sign - Door
  • Construction Materials: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Loading Docks: None
  • Lot Size Length: 80
  • Lot Size Width: 21
  • Lot Sq Ft: 1,680
  • Roof: Flat,​Rubber
  • Yard: Back,​Fenced - Full

Location

 
Street View Not Available
The listing information for 393 Atlantic Avenue, Brooklyn, NY 11217 was graciously provided by our friends at the listing brokerage, Brooklyn Real Property Inc.

Get Financing for 393 Atlantic Avenue, Brooklyn, NY 11217

($ or %)
%
P&I Payment $15277.29
Request More Listing Information
Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Top Properties's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Top Properties, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 12/13/2017 at 5:47am
Agent Login    |    Powered by Onjax
Create Free Account or
Choose Your Agent (optional)
By using our site, users agree
to the terms and privacy policy
Equal Housing Opportunity Realtor MLS
Sign-In or