This Multifamily Property is no longer advertised on LoopNet.com.

2342 Atlantic Ave
Brooklyn, NY 11233

Multifamily Property For Sale · 24 Units

PROPERTY FACTS

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.09 AC
Building Size 16,514 SF
Average Occupancy 100%
No. Stories 5
Year Built/Renovated 1920/2003

UNIT AMENITIES

  • Heating
  • Kitchen
  • Oven
  • Range

ABOUT 2342 ATLANTIC AVE , BROOKLYN, NY 11233

• The subject property is exempt from regulation under the Rent Stablization Code due to Substantial Rehabilitation • Elevator property with 24 Free Market Renovated Apartments and 1 Cell Site • 16,495 Square Feet • Proximity to Broadway Junction • 5.88% Cap Rate at Asking, Anticipated 6.25% Cash on Cash Return Day 1 with 75% LTV

PROPERTY TAXES

ZONING

Zoning Code R6,Brooklyn (L9)
  • Listing ID: 17697798

  • Date on Market: 11/12/2019

  • Last Updated:

  • Address: 2342 Atlantic Ave, Brooklyn, NY 11233