$4,250,000
Updated 8 years ago
Off Market

857-861 Atlantic Ave

Clinton Hill, Brooklyn | Waverly Ave & Underhill Ave

7,900 Square FeetMixed Use

$4,250,000
floors / apts3 / 6
Lot Size64'5"x183'3"
Built Size60'x165'
ZoneR7A
Building TypeLow-Rise
RE Taxes$44,171
Price Per SF
$538

Building Amenities

  • Voice Intercom

Property Description for 857-861 Atlantic Ave

Ariel Property Advisors is pleased to present for sale 857-861 Atlantic Avenue, two contiguous mixed-use assets between Washington and Waverly Avenues in Clinton Hill, Brooklyn. The buildings are comprised of four 2-bedroom apartments, 2 studio apartments and 3 commercial units across 8,480 gross square feet. 857-861 Atlantic Avenue is three blocks to the west of Atlantic Terminal (2, 3, 4, 5, B, D, M, N, Q, R, LIRR) offering access to Manhattan in less than 20 minutes. Within the same proximity on the north side of Atlantic Avenue sits the Barclays Center, the highest grossing sports and entertainment venue in the United States. Furthermore, 857-861 Atlantic Avenue sits directly to the north of Pacific Park, a $5 billion, twenty-two acre Frank Gehrydesigned redevelopment that will create an entire neighborhood on the south side of Atlantic Avenue in Prospect Heights. Please see the following page for more details on this opportunity. Contact our office to schedule a walk-through.

Listing History for 857-861 Atlantic Ave

Now
01/04/2019
POM by Sean R. Kelly
Ariel Property Advisors
2019

Building Details for 857-861 Atlantic Ave

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts3/6
Learn More About the Building

Contact Agents

Contact Agents

Sean Kelly
Ariel Property Advisors
Victor Sozio
Ariel Property Advisors

Clinton Hill | Brooklyn

Quick Profile

Tucked behind the Brooklyn Navy Yard in central Brooklyn is the quiet residential neighborhood of Clinton Hill. Once a strictly working-class neighborhood, Clinton Hill has become known for its elegant brownstones and stately mansions that were built as Manhattanites crossed the East River in the 1920s in search of the supposed health benefits that came from living “on the hill,” which has an elevation of 95 feet. Now you will also find newer luxury apartment and condo buildings interspersed throughout the neighborhood.

The Pratt Institute and St. Joseph College give the area a certain energy that comes from having a college in your town, while it’s leafy streets, some with their original cobblestones, and slower pace attract young families. Millennials and professionals are flocking to Clinton Hill in search of a reasonably priced neighborhood that offers both nightlife and an easy commute to Manhattan. Clinton Hill is a beautiful neighborhood with a suburban feel and firm roots in its past that also offers plenty of urban amenities.

New businesses are showing up in Clinton Hill on a regular basis, adding to the current proliferation of coffee shops, restaurants, and bars. As the population changes, new entertainment and nightlife venues are migrating to the area to meet the demand. Barclays Center is within easy walking distance, offering exciting sporting events and concerts.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 74709TH