$1,795,000
Updated 11 years ago
Off Market

81 Atlantic Ave

Brooklyn Heights, Brooklyn | Henry Street & Hicks Street

Commercial

$1,795,000
floors2
Lot Size33'x58'
Built Size58' deep
Building TypeLow-Rise

Building Amenities

  • Voice Intercom

Property Description for 81 Atlantic Ave

> Great owner-user investment opportunity on prime Atlantic Avenue across Long Island Hospital and College. > 33 wide x 58 deep 2-story office building with finished basement, approximately 1,900 SF per floor. > Both floors have approx.12-foot ceilings and the basement has 8-foot ceilings. > The building was used as medical office space and will be delivered vacant. > Based on existing zoning (R6 with C1-3overlay - FAR of 2.43 residential / 2.0 commercial), there is the potential to add approx. 1,400 SF of additional space to the existing building. > Projected annual rent roll: $60,000 for 1st floor, $42,000 for 2nd floor, $30,000 for basement. > Estimated annual expenses are $26,250. > Tenants pay for their own utilities plus a portion of taxes and base increases.

Listing History for 81 Atlantic Ave

Now
10/05/2005
Permanently off the Market by
Corcoran
10/05/2005
$1,795,000
Initial Price by
Corcoran

Building Details for 81 Atlantic Ave

OwnershipCommercial
Building TypeLow-Rise
Service LevelVoice Intercom
AccessWalk-up
Floors2
Learn More About the Building

Transit and Citi Bike

Subway

Court St
0.36 miles
Borough Hall
0.39 miles
Clark St
0.49 miles
Bergen St
0.49 miles

Citi Bike

Henry St & Atlantic Ave
0.07 miles
Atlantic Ave & Furman St
0.14 miles

Ferry

Atlantic Ave/BBP Pier 6
0.26 miles

Contact Agent

Contact Agent

Ellen Newman
Corcoran

Brooklyn Heights | Brooklyn

Quick Profile

Brooklyn Heights was Manhattan’s first suburb. The Brooklyn Bridge is a neighborhood draw, offering some of the most beautiful views of the Manhattan skyline, as well as an easily walkable means of commuting into the City. Montague Street has been the main commercial street in Brooklyn Heights since the 1800s, but it is not overly commercialized. Smaller shops help maintain the small neighborhood feel of Brooklyn Heights.

The quaint cobblestoned side streets highlight the historic feel to this lovely, vibrant neighborhood that is filled with exciting and innovative restaurants, stores that have those perfect home decor items, that little black dress you love, and your favorite dry cleaner is right around the corner. Brooklyn Heights is your perfect city within the City.

There are apartments, condos, and co-ops that resulted from the conversion of pre-war residential hotels. The townhouses in Brooklyn Heights are often five stories, instead of the three stories found elsewhere. You’ll also find row houses and stunning single family mansions. Due to the three protected historic districts, opportunities for new construction are limited, and the appearance of the neighborhood seems frozen in the era when these buildings were originally constructed.

Renowned public and private schools make the neighborhood attractive to young families with school-age children. The neighborhood is generally “kid-friendly,” with parks, playgrounds, and quiet streets where kids can still play safely.

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: 22487TH