Sold for $2,250,000

$2,250,000

940 Atlantic Ave, Brooklyn, NY 11238

5beds

2,940sqft

MultiFamily

Built in 1930

-- sqft lot

$2,306,200 Zestimate^®

$765/sqft

$6,107 Estimated rent

Home value

$2,306,200

$2.03M - $2.63M

$6,107/mo

Zestimate^® history

Owner options

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$6,107/mo

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$6,107/mo

Rent Zestimate^®

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$13,417/mo

Est. payment

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$13,417/mo

Est. payment

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What's special

Large storefront commercial unitProspect parkBrooklyn museumSpacious commercial unit

Great investment opportunity in Brooklyn blocks from the Barclay Center, delivered in excellent condition! Total of 3 unit, mixed use. 1 spacious commercial unit, 2 bright and spacious residential units. Level 1: Large storefront commercial unit with multiple rooms. Level 2: 2 bedroom residential unit. Level 3: 2 bedroom residential unit. Large backyard. Great tenants with flexible and convenient terms. Conveniently located in Prospect Heights near public transportation, Schools, Prospect Park, Brooklyn Museum, and multiple 5 - Star Restaurants. Has potential rent of 3500 each unit with 5% cap. Showings by appointment only, please do not disturb tenants

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Appliances

Included: Dryer, Washer

Features

Has fireplace: Yes

Interior area

Total interior livable area: 2,940 sqft

Property

Parking

Parking features: Off-street

Lot

Size: 2,000 sqft

Details

Parcel number: 011240019

Construction

Type & style

Home type: MultiFamily

Condition

Year built: 1930

Community & neighborhood

Location

Region: Brooklyn

Other

Other facts

Secured entry
Stainless steel appliances

Price history

Date	Event	Price
11/13/2025	Sold	$2,250,000-4.3%$765/sqft
Source: Public Record Report a problem
9/14/2022	Listing removed	--
Source: BNYMLS #464422 Report a problem
8/12/2022	Price change	$2,350,000-6%$799/sqft
Source: SIBOR #1155732 Report a problem
6/24/2022	Listed for sale	$2,500,000$850/sqft
Source: SIBOR #1155732 Report a problem
6/1/2022	Listing removed	--
Source: Owner Report a problem
3/22/2022	Listed for sale	$2,500,000+4.2%$850/sqft
Source: Owner Report a problem
1/8/2022	Listing removed	--
Source: StreetEasy Report a problem
6/29/2021	Listed for sale	$2,399,998+95899.9%$816/sqft
Source: StreetEasy Report a problem
12/8/2007	Listing removed	$2,500$1/sqft
Source: VLS Homes #2011751 Report a problem
11/16/2007	Listed for sale	$2,500-98.9%$1/sqft
Source: VLS Homes #2011751 Report a problem
11/3/2000	Sold	$220,000$75/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,469 +0.9%	$82,440 +26.6%
2024	$2,446	$65,100 +13.1%
2023	--	$57,540 +27.4%
2022	--	$45,180 +16.7%
2021	--	$38,700 +58.1%
2020	$2,195 +2.2%	$24,480 +14.9%
2019	$2,148 +7.2%	$21,300 +122.4%
2018	$2,003 +4.2%	$9,576 +1.5%
2017	$1,923 +7.4%	$9,432 +3%
2016	$1,791	$9,158 +6%
2015	$1,791 +66.9%	$8,640 +2.2%
2014	$1,073	$8,458