Business for Sale in Brooklyn, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Brooklyn, NY 11201

Description

176 Atlantic Avenue is a five-unit mixed-use property on one of Cobble Hill’s most prominent commercial corridors. The asset features three free-market residential units and two fully leased ground-floor retail spaces, generating $487,494 in current gross income. The diversified income stream and prime Atlantic Avenue frontage position the property within one of Brooklyn’s most sought after and consistently trafficked corridors. Investment Highlights: • 176 Atlantic Avenue, built in 1931, comprises 5 mixed-use units, spanning 4 stories, approx. 6,472 SF. • Tax Class: 2A | Zoning: R6, C2-3, LH-1 | 100% Free Market • Subway access is exceptional, with the F and G trains at Bergen Street Station providing direct service to Manhattan in under 15 minutes, and service via the 2, 3, 4, & 5 at Borough Hall Station.

Market Context

This mixed use in Brooklyn, NY is listed for sale. It is offered at an approximate 5.9% capitalization rate, a key benchmark for income-producing mixed use assets. It has been on the market for 54 days. Compare it against other mixed use listings for sale in Brooklyn, NY — <a href="/search/sale/mixed-use/new-york/brooklyn">view the full market</a>.

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