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About This Home

This 6-bedroom, 6-bathroom commercial at 101 Atlantic Avenue in Brooklyn, NY is listed for $5,500,000 ($1,000 per sqft). the home offers 5,500 sqft of living space on a N/A lot.

Agent Description

" TURNKEY! CAN BE DELIVERED VACANT! 3-FAMILY PLUS STORE! 101 Atlantic Ave is a massive 25-foot-wide mixed-use townhouse located at the crossroads of Brooklyn Heights and Cobble Hill. Spanning approximately 5,500 square feet, this four-story property consists of three fully renovated large free-market residential apartments and one high-value retail space, presenting a compelling opportunity for an investor or retail end user.

* Massive Income Potential: Features three fully renovated, free-market, full-floor residential apartments (~1,375 SF each) offering strong turnkey income generation. * The retail layout provides flexibility to lease the 1,160 SF storefront together with the 1,375 SF cellar and 625 SF backyard to maximize commercial value.

* Functions perfectly as an immediate income-producing property with a projected 5% Cap Rate, and the entire building can be delivered vacant. PROPERTY HIGHLIGHTS * Size: ~5,500 Sq. Ft. across 4 full stories, plus a cellar, boasting a massive 25-foot width.

* Modern Upgrades: Fully renovated residential apartments feature fully vented in-unit washer/dryers, stainless steel appliances, and dishwashers. * Historic Charm: Tall ceilings and classic Brooklyn townhouse charm throughout the residential floors, complemented by high ceilings in the ground-floor retail space.

CURRENT CONFIGURATION * Cellar: Accessory use space (~1,375 SF of bonus space) * 1st Floor: Retail storefront (~1,160 SF) currently configured as a gym, with access to a 625 SF backyard * 2nd Floor: 2 Bed / 2 Bath * 3rd Floor: 2 Bed / 1 Bath * 4th Floor: 2 Bed / 1 Bath PROPOSED USAGE * Restaurant / Retail Destination: The layout lends itself perfec

tly to a restaurant conversion, utilizing the backyard as a private outdoor dining area and the cellar for additional accessory use. * Turnkey Investment: Rent out the free-market residential units alongside the highly visible commercial space for a steady, diversified income stream.

LOCATION & TRANSPORTATION * Neighborhood Staples: Situated on a vibrant stretch of Atlantic Avenue known for its mix of restaurants, boutiques, and specialty grocers. Generates strong daily foot traffic and is just steps from Sahadi's, Trader Joe's, Boutros, and more. * Borough Hall Station: 2/3 and 4/5 trains (approx. 15 minutes to Lower Manhattan) * Court Street Station: N/R/W trains (approx. 20 minutes to Lower Manhattan) * Bergen Street Station: F/G trains (approx. 30 minutes to Midtown)"

Property Details

6 full

Monthly Cost Estimate

$29,415/mo

20% down · 6.5% · 30 years

Principal$3,978
Interest$23,833
Insurance$1,604

Estimates only. Actual payments may vary.

Location

101 Atlantic Avenue

Brooklyn, NY 11201

Property Details

Parking

Garage

Questions & Answers

This 6-bedroom, 6-bathroom commercial at 101 Atlantic Avenue is listed at $5,500,000 ($1,000/sqft). The estimated monthly payment is $23,833 based on 20% down at 6.5% interest.

This property is listed by Kellen Koon and can be reached at 2129139058 or kellen.koon@compass.com.

KK

Kellen Koon

Agent at Compass

(212) 913-9058

Listed by Compass · View on Broker Site

MLS# 11817098· Source: listhub· Updated 2 days ago

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

101 Atlantic Avenue, Brooklyn, NY 11201

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