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For sale
  • $1,100,000

    2296 Atlantic Ave, Brooklyn, NY 11233

    --beds
    --sqft
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    Multi Family
    Built in ----
    -- sqft lot
    $1,098,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    70 days
    |
    126
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    eXp Realty BKNY 888-276-0630,

    Kenwood Chan 917-669-7142

    Source: BNYMLS,MLS#: 501149MLS Logo

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      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: 72 days

        Estimated market value

        $1,098,800

        $1.04M - $1.15M

        $3,926/mo

        Price history

        DateEventPrice
        5/5/2026Listed for sale$1,100,000+34.1%
        Source: BNYMLS #501149 Report a problem
        5/27/2016Listing removed$820,000
        Source: MALIK ABRAHAM #10209763 Report a problem
        12/9/2015Listed for sale$820,000
        Source: MALIK ABRAHAM #10209763 Report a problem
        8/25/2015Listing removed$820,000
        Source: MALIK ABRAHAM #10209763 Report a problem
        7/9/2015Price change$820,000+25.2%
        Source: MALIK ABRAHAM #10209763 Report a problem
        3/24/2015Price change$655,000+18%
        Source: MALIK ABRAHAM #10209763 Report a problem
        2/26/2015Price change$555,000+1.8%
        Source: MALIK ABRAHAM #10209763 Report a problem
        2/24/2015Listed for sale$545,000+45.3%
        Source: MALIK ABRAHAM #10209763 Report a problem
        3/8/2012Sold$375,000+23%
        Source: Public Record Report a problem
        1/11/2008Sold$305,000+30400%
        Source: Public Record Report a problem
        4/30/2007Sold$1,000-99.2%
        Source: Public Record Report a problem
        7/8/1999Sold$120,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Crown Heights

        Getting around

        89 / 100
        Very Walkable
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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