Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,875,000

· Sold at asking price · Closed January 4, 2022

SOLD: 366 Atlantic Avenue
SOLD $1,875,000
Sold Mixed Use

$1,875,000

$1,042 per sq ft

366 Atlantic Avenue

Boerum Hill, Brooklyn

MLS® #RLS10753219

RLS at REBNY

Listing by Compass

3

Bedrooms

2

Baths

1,800

Sq. Ft.

1901

Year Built

Sale Details

Sale Price $1,875,000
Original List Price $1,875,000
Close Date January 4, 2022
vs. Asking Sold at asking price

Property Summary

Bedrooms 3
Bathrooms 2
Living Area 1,800 sq ft
Year Built 1901
Neighborhood Boerum Hill

Description

DELIVERED VACANT. Incredible mixed-use opportunity in Prime Boerum Hill, Brooklyn. Two stores and a 2 bedroom apartment on the most coveted commercial block of Atlantic Avenue between Bond Street & Hoyt Street. This stunning two story, 25 foot wide house, has over 2,700sqft of usable space and 4,200sqft of unused FAR. The top floor has a 900+sqft 2 bed, 1 bath apartment with it's own entrance. The street level and finished basement are zoned as two stores but are currently configured as one sprawling store with access to the large private garden. With high ceilings and a flexible layout, this commercial space could be divided or reconfigured in a number of possible layouts. The current tenant occupies both stores and rents the apartment as a sewing studio. The current lease ends in July, 2021. With a projected future CAP rate over 7% and with the potential to add sqft, this mixed-use property has limitless potential. Please note this house is located in the Boerum Hill Historic District and also in the Special Downtown Brooklyn Zoning District. Building: 25' x 38'. Lot 25' x 80'. Please inquire for more information.

Property Details

Type Mixed Use
Total Rooms 10
Year Built 1901
Living Area 1,800 sq ft

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RLS at REBNY

Listing courtesy of Brad Bateman at Compass. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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