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Off market
  • $3,646,500

    324 Atlantic Ave, Brooklyn, NY 11201

    6beds
    3,680sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $3,646,500 Zestimate®
    $991/sqft
    $6,663 Estimated rent

    Home value

    $3,646,500

    $3.17M - $4.16M

    $6,663/mo

    Zestimate® history
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    Owner options

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    $6,663/mo

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    $6,663/mo

    Rent Zestimate®

    Refinance and save

    $21,903/mo

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    $21,903/mo

    Est. payment

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    What's special

    Centrally located building fully tenanted with Three - 2 bedrooms/1 bath free market apartments and a commercial unit. This great investment is in pristine condition and an opportunity that comprises of 3,680 sq ft PLUS 920 sq ft high-ceiling cellar with laundry and storage for the tenants. The zoning allows for appx. 1,720 sq ft of additional air rights. Once the option of the full air rights is exercised the property will become a 5,400 sq ft high income producing property. The Atlantic Avenue business & shopping corridor is well positioned to evolve into an even greater hub of commerce given all the luxury residential construction coming to market in the Downtown Brooklyn community.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,680 sqft

    Property

    Lot
    • Size: 1,800 Square Feet
    Details
    • Parcel number: 001820016

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1900

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $991/sqft
    • Tax assessed value: $2,053,000
    • Annual tax amount: $55,270

    Price history

    DateEventPrice
    9/5/2017Sold$2,900,000-14.6%$788/sqft
    Source: Public Record Report a problem
    6/10/2016Listing removed$3,395,000$923/sqft
    Source: Vespa Properties Group Report a problem
    2/9/2016Listed for sale$3,395,000-7%$923/sqft
    Source: Vespa Properties Group Report a problem
    12/23/2015Listing removed$3,650,000$992/sqft
    Source: Vespa Properties Group #14123130 Report a problem
    12/21/2015Listed for sale$3,650,000+210.6%$992/sqft
    Source: Vespa Properties Group Report a problem
    8/30/2004Sold$1,175,000$319/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$55,270 +7.5%$923,850 +20%
    2024$51,436 $770,040 +20%
    2023-- $641,700 -20%
    2022-- $802,350 +1.7%
    2021-- $789,300 -7.5%
    2020$42,632 +8%$853,650 +17.9%
    2019$39,474 $724,140 +147.1%
    2018-- $293,035
    2017$37,271 +3.3%$293,035 +6%
    2016$36,084 $276,326 +5.1%
    2015$36,084 +58.9%$262,917 +8%
    2014$22,710 $243,444
    Find assessor info on the county website

    Neighborhood: Boerum Hill

    Nearby schools

    GreatSchools rating