Welcome to 2296 Atlantic Avenue, this exceptional three-family turnkey investment property delivers immediate cash flow and long-term upside, boasting an impressive ~8.6% cap rate. Fully occupied with stable, paying tenants, the building is well maintained and requires minimal management—making it a true plug-and-play asset for any investor. Each unit features functional layouts designed for tenant comfort and retention, contributing to consistent rental income and a proven occupancy track record. This is a rare opportunity to secure a high-performing, income-generating property with solid financials from day one. Adding even greater value, the neighboring building 2294 Atlantic Avenue is also available and can be purchased as a package deal. Combined, the properties present a unique development opportunity with additional air rights, offering significant upside potential for expansion or redevelopment. R6 Zoning. Ideal for both seasoned investors and developers looking to maximize returns through income and future growth.
For sale
$1,100,000
2296 Atlantic Ave, Brooklyn, NY 11233
--beds
--sqft
Multi Family
Built in ----
-- sqft lot
$1,094,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 119 days
- 119
- 1
Zillow last checked:
Listing updated:
Listed by:
eXp Realty BKNY 888-276-0630,
Kenwood Chan 917-669-7142
Source: BNYMLS,MLS#: 501149
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Other
Cooling
- A/C Unit
Appliances
- Included: Hot Water Coil in Boiler
Features
- Flooring: Hardwood
- Basement: Cellar
Property
Parking
- Parking features: None
Lot
- Size: 1,700 Square Feet
- Dimensions: 17x100
- Features: Back Yard
Details
- Foundation area: 765
- Parcel number: 014350028
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Aluminum Siding, Other
- Foundation: Other
- Roof: Flat
Utilities & green energy
- Electric: 110 V
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $1,095,000
- Annual tax amount: $1,208
- Date on market: 5/5/2026
- Cumulative days on market: 121 days
Estimated market value
$1,094,900
$1.04M - $1.15M
$3,773/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listed for sale | $1,100,000+34.1% |
Source: | ||
| 5/27/2016 | Listing removed | $820,000 |
Source: MALIK ABRAHAM #10209763 Report a problem | ||
| 12/9/2015 | Listed for sale | $820,000 |
Source: MALIK ABRAHAM #10209763 Report a problem | ||
| 8/25/2015 | Listing removed | $820,000 |
Source: MALIK ABRAHAM #10209763 Report a problem | ||
| 7/9/2015 | Price change | $820,000+25.2% |
Source: MALIK ABRAHAM #10209763 Report a problem | ||
| 3/24/2015 | Price change | $655,000+18% |
Source: MALIK ABRAHAM #10209763 Report a problem | ||
| 2/26/2015 | Price change | $555,000+1.8% |
Source: MALIK ABRAHAM #10209763 Report a problem | ||
| 2/24/2015 | Listed for sale | $545,000+45.3% |
Source: MALIK ABRAHAM #10209763 Report a problem | ||
| 3/8/2012 | Sold | $375,000+23% |
Source: Public Record Report a problem | ||
| 1/11/2008 | Sold | $305,000+30400% |
Source: Public Record Report a problem | ||
| 4/30/2007 | Sold | $1,000-99.2% |
Source: Public Record Report a problem | ||
| 7/8/1999 | Sold | $120,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,223 -1.1% | $65,700 +26.6% |
| 2024 | $1,237 | $51,900 |
| 2023 | -- | $51,900 +22.7% |
| 2022 | -- | $42,300 +4.1% |
| 2021 | -- | $40,620 -10.9% |
| 2020 | $1,087 +0% | $45,600 -9.6% |
| 2019 | $1,087 +2% | $50,460 +891.2% |
| 2018 | $1,065 +8.8% | $5,091 +6% |
| 2017 | $979 +10.5% | $4,803 +6% |
| 2016 | $886 | $4,532 +5.9% |
| 2015 | $886 +62.1% | $4,278 |
| 2014 | $547 | $4,278 +0.8% |
| 2013 | -- | $4,243 +6% |
| 2012 | -- | $4,003 +6% |
| 2011 | -- | $3,777 +5.9% |
| 2010 | -- | $3,565 |
| 2009 | -- | $3,565 +0.8% |
| 2008 | -- | $3,536 +6% |
| 2007 | -- | $3,336 +6% |
| 2006 | -- | $3,148 +6% |
| 2005 | -- | $2,971 |
| 2004 | -- | $2,971 +0.8% |
| 2003 | -- | $2,947 +6% |
| 2002 | -- | $2,781 +6% |
| 2001 | -- | $2,624 +6% |
| 2000 | -- | $2,476 |
Find assessor info on the county website






