144 Atlantic Avenue

144 Atlantic Ave
Cobble Hill

$4,200,000
Price
9
Beds
5
Baths
2
1/2 Baths
4,650 Sq. Ft.
$903 / Sq. Ft.
4,650
Sq. Ft.
$903
per Sq. Ft.
front view of a building
a living room with furniture and a book shelf
a living room with furniture and wooden floor
a living room with furniture a fireplace and a flat screen tv
a living room with furniture and wooden floor
a living room with furniture and a potted plant
a bedroom with a bed a couch and a chandelier
a bedroom with a bed and a table in it
a bedroom with a bed and wooden floor
a bedroom with a bed next to a window
a bedroom with a bed and a dresser
a bedroom with a bed and a table in it
a bedroom with a bed and a chandelier
a kitchen with a stove and a white refrigerator
a kitchen with a refrigerator and white cabinets
a bathroom with a sink a toilet and shower curtain
a kitchen with stainless steel appliances granite countertop a refrigerator sink and cabinets
a room with furniture a flat screen tv and a floor to ceiling window
a bathroom with a sink toilet and a shower
a bathroom with a sink a toilet and a bathtub
a room with furniture and wooden floor
a living room with furniture and wooden floor
a view of balcony with furniture
a picture of a book and a white wall

Description

Boom! 144 Atlantic Ave is a massive 21' wide mixed-use townhouse at the crossroads of Brooklyn Heights and Cobble Hill. At approximately 4650 SF, this four story townhouse consists of three large free market apartments and one high value retail space. This offering presents a substantial opportunity for an investor. The retail space is fully built out as a Mexican Lebanese restaurant with high ceilings and bonus cellar storage that contains a walk in fridge and freezer and other additional storage...Boom! 144 Atlantic Ave is a massive 21' wide mixed-use townhouse at the crossroads of Brooklyn Heights and Cobble Hill. At approximately 4650 SF, this four story townhouse consists of three large free market apartments and one high value retail space. This offering presents a substantial opportunity for an investor. The retail space is fully built out as a Mexican Lebanese restaurant with high ceilings and bonus cellar storage that contains a walk in fridge and freezer and other additional storage and accessory use spaces. The restaurant is over 1000 SF (approx.) with another 21000+ SF of bonus cellar space. This strip of Atlantic Ave has an abundance of restaurants, boutiques, and grocery stores that draw in high foot traffic. 144 Atlantic Ave is just steps from local neighborhood favorites such as Sahadi's, Trader Joe's, Boutrous and much much more. Above the retail space is three apartments, each with extra tall ceilings, and original Brooklyn townhouse charm. The first residential unit is a newly renovated 3 Bed 1 Bath apartment with tons of charm and light and a clever layout The other 2nd floor 3 Bed 1 Bath units provide a value add opportunity for a buyer to renovate and increase the rents. Top floor is completely renovated with a tasteful finish and charm! Each floor is approximately 1175 SF. High income potential. Please inquire for offering memorandum. Building is fully occupied. This offering is priced to sell at under $909/SF in an area where townhouses easily go for over $1,400/SF. Projected 5.8% Cap Rate. Configuration: Cellar: Accessory Use Space 1st Floor: Restaurant - Lease expires in 2 years 2nd Floor: 3 BR 1 BA no lease 3rd Floor: 3 BR 1 BA no lease 4th Floor: 3 BR 1 BA no lease Transportation: - Borough Hall 2/3 & 4/5 Line - Just 15 minutes into Lower Manhattan - Court Street Station N/R/W Line - Just 20 minutes into Lower Manhattan - Bergen St F/G Line - Just 30 minutes into Midtown New Roof , Electrical and pluming was updated in the last 10 years and all up to code! this is your opportunity to own a real piece of commercial landmark!

Property Details for 144 Atlantic Avenue

Zoning
R6
View
City
LISTING UPDATED: 09/03/2024 07:32 PM

Property Details for 144 Atlantic Avenue

StatusActive
MLS IDRPLU-33423164160
Days on Market16
Taxes$2,640 / month
Maintenance-
Min. Down Pymt-
Total Rooms20.5
Compass TypeTownhouse
MLS TypeMixed Use
Year Built1910
Lot Size1,680 SF / 21' x 80'
CountyKings County

Building

144 Atlantic Ave

3 Units4 StoriesBuilt in 1910

Building Information for 144 Atlantic Avenue

Stories4Residences3Year Built1910Building Size21' x 55'Building Sq. Ft4,620 SFLot Size1,680 SF / 21' x 80'Building Age-Building Type-

Property Information for 144 Atlantic Avenue

Summary
Location and General Information
  • Subdivision Name: Cobble Hill
  • Stories Total: 4
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 0021
  • Tax Deduction Percent: .00%
  • Tax Block: 00285
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Building Tax Lot: 0021
  • Tax Monthly Amount: 2640.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Laundry Features: None
  • Building Pets Allowed: BuildingNo
  • Capital Reserves YN: false
  • Green Building YN: false
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: RentalBuilding
  • Number Of Shares: 0
  • New Construction: No
  • Structure Type: WalkUp
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: None
Interior Features
  • Entry Level: 3
  • Fireplace Features: Decorative
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Floor Number: 3
  • Basement: No
  • Cooling: No
  • Laundry Features: WasherHookup
  • ElevatorsTotal: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Attendance Type: None
  • Land Lease: No
  • Lease Type: StabilizedLease

Property History for 144 Atlantic Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 144 Atlantic Avenue

Taxable ValueLand$349,650Additions$335,070Total$684,720
Home Facts
Total Finished SqFt4,620 SqFtLot Size1,680 SqFtYear Built1910ZoningR6APN3002850021

Schools near 144 Atlantic Avenue

This home is within Nyc Geog District #15 - Brooklyn.
Rating
School
Type
Grades
Distance
Zipporiah Mills
Public - PK to 5
School For International Studies
Public - 6 to 12
Brooklyn Frontiers High School
Public - 9 to 12
Digital Arts and Cinema Technology High School
Public - 9 to 12
Rating
School
Distance
Zipporiah Mills
PublicPK to 5

School For International Studies
Public6 to 12

Brooklyn Frontiers High School
Public9 to 12

Digital Arts and Cinema Technology High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 144 Atlantic Avenue, Cobble Hill

144 Atlantic Avenue is a townhouse for sale in Cobble Hill. This property was listed for sale on September 3, 2024 by Corcoran Group, it's currently listed at $4,200,000. This listing's school district is Nyc Geog District #15 - Brooklyn. Nearby schools include Zipporiah Mills, School For International Studies and Brooklyn Frontiers High School. 144 Atlantic Avenue is a 9-bed, 6-bath, 4,650 sqft townhouse built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Group

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.