479 ATLANTIC AVENUE

For Sale - Brooklyn - Boerum Hill

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Key Details

Property Type
Mixed Use
Neighborhood
Boerum Hill
Property Dimensions
20.0 x 38.0
Property Area
3,040 sq.ft.
Total Units:
4
Stories:
4
NOI
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Price
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Price Per Unit
-
Cap Rate
-%

Listing Description

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 479 Atlantic Avenue, a 4-story mixed-use building located on north side of Atlantic Avenue between Nevins Street and Third Avenue.

The building is 100% free market. All 3 apartments are currently leased. The ground floor commercial space will be delivered vacant. The property benefits from approximately 4,160 square feet of additional air rights.

Subject is conveniently located just two blocks west of Atlantic Terminal Mall and Barclays Center, 483 Atlantic Avenue has access to over 10 subway lines (B, D, Q, N, R, G, A, C, 2, 3, 4, 5)

Property Details

Block/Lot:
179/51
Lot Dimensions
20.0 x 90.0
Lot Area
1,800 sq.ft
Zoning:
R7A / C2-4 / Special Downtown Brooklyn District
FAR as Built:
1.78
Max FAR:
4.0
Jeffrey A. ShalomCushman & Wakefield
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Sales & Transactions

AddressSale PriceSale DateProperty Type
88 4TH AVENUE$2,100,00006/26/2018Mixed Use
88A 4 AVENUE$3,150,00006/26/2018Mixed Use
450 ATLANTIC AVENUE$3,350,00005/25/2018Mixed Use
78 4 AVENUE$2,050,00005/17/2018Mixed Use
103 SMITH STREET$15,000,00003/29/2018Mixed Use
350 BERGEN STREET$2,020,00003/02/2018Mixed Use
299 PACIFIC STREET$3,300,00002/26/2018Mixed Use
479 ATLANTIC AVENUE$2,825,00012/06/2016Mixed Use
157 SMITH STREET$3,750,00011/18/2016Mixed Use
487 ATLANTIC AVE$2,500,00011/18/2016Mixed Use