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About This Home

This 10-bedroom, 7-bathroom residential multi family at 4215 Atlantic Avenue in Brooklyn, NY is listed for $1,048,000 ($231 per sqft). Built in 1935, the home offers 4,540 sqft of living space on a 0.14 acres lot.

Agent Description

Investors, take note: 4215 Atlantic Avenue is a truly exceptional opportunity in the prestigious, gated beachfront community of Seagate. This fully detached, 4,540-square-foot, 6-family building is nestled on a generous 60 x 100 lot, just steps from one of New York City's most pristine private beaches.

Offering the perfect blend of exclusivity, security, and income potential, this property is a standout gem. The building features **seven apartments**, thoughtfully laid out to maximize both comfort and revenue potential: **First Floor**: Apartments 1 and 2 are located at the front of the building, while Apartment 3 is situated on the side.

**Second Floor**: Apartments 4, 5, and 6 occupy this level. **Third Floor**: Apartment 7 is the sole unit on this floor. The configuration includes **10 bedrooms and 7 bathrooms**, designed to accommodate a range of tenants. Recent renovations ensure the property is in outstanding condition, offering a turnkey investment for those looking to expand their portfolio or capitalize on the growing demand for beachfront living.

Located on a serene block directly across from the beach, residents will relish the tranquil seaside atmosphere while still benefiting from seamless connectivity to the city. Express buses (X28/X38) from nearby Neptune Avenue provide quick access to Midtown Manhattan, and subway connections to the D, F, Q, and N lines make commuting a breeze.

The property boasts annual taxes of $24,351 and Seagate Association fees of $26,000-an attractive entry point into New York City's exclusive coastal market. Whether you're drawn to the steady rental income, the allure of beachfront charm, or the convenience of city accessibility, this property checks all the boxes. Ready to generate returns and unparalleled in its location, 4215 Atlantic Avenue is a rare investment opportunity you don't want to miss.

Key Features

  • Built in 1935
  • 0.14 acre lot
  • 3 stories

Property Details

3 stories
7 full
1935

Monthly Cost Estimate

$5,605/mo

20% down · 6.5% · 30 years

Principal$758
Interest$4,541
Insurance$306

Estimates only. Actual payments may vary.

Location

4215 Atlantic Avenue

Brooklyn, NY 11224

Property Details

Flooring

LaminateTile

Questions & Answers

This 10-bedroom, 7-bathroom residential multi family at 4215 Atlantic Avenue is listed at $1,048,000 ($231/sqft). The estimated monthly payment is $4,541 based on 20% down at 6.5% interest.

Key features include: Built in 1935, 0.14 acre lot, 3 stories.

This property is listed by Kurt Vikki and can be reached at (212) 913-9058 or kurt.vikki@compass.com.

KV

Kurt Vikki

Agent at Compass Greater NY, LLC

(212) 913-9058

Listed by Compass Greater NY, LLC · View on Broker Site

MLS# 499938· Source: listhub· Updated 69 days ago

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4215 Atlantic Avenue, Brooklyn, NY 11224

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