101 Atlantic Avenue
MLS® #RLS20085297
Listing by Compass
6
Bedrooms
6
Baths
5,500
Sq. Ft.
1856
Year Built
Quick Summary
Property Highlights
- Character: Pre-war building (1856)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jun 10, 2026 | $5,500,000 | - |
| Currently | Jun 10, 2026 | $5,500,000 | - |
Description
TURNKEY! | CAN BE DELIVERED VACANT! | 3-FAMILY PLUS STORE! 101 Atlantic Ave is a massive 25-foot-wide mixed-use townhouse located at the crossroads of Brooklyn Heights and Cobble Hill. Spanning approximately 5,500 square feet, this four-story property consists of three fully renovated large free-market residential apartments and one high-value retail space, presenting a compelling opportunity for an investor or retail end user. * Massive Income Potential: Features three fully renovated, free-market, full-floor residential apartments (~1,375 SF each) offering strong turnkey income generation. * The retail layout provides flexibility to lease the 1,160 SF storefront together with the 1,375 SF cellar and 625 SF backyard to maximize commercial value. * Functions perfectly as an immediate income-producing property with a projected 5% Cap Rate, and the entire building can be delivered vacant. PROPERTY HIGHLIGHTS * Size: ~5,500 Sq. Ft. across 4 full stories, plus a cellar, boasting a massive 25-foot width. * Modern Upgrades: Fully renovated residential apartments feature fully vented in-unit washer/dryers, stainless steel appliances, and dishwashers. * Historic Charm: Tall ceilings and classic Brooklyn townhouse charm throughout the residential floors, complemented by high ceilings in the ground-floor retail space. CURRENT CONFIGURATION * Cellar: Accessory use space (~1,375 SF of bonus space) * 1st Floor: Retail storefront (~1,160 SF) currently configured as a gym, with access to a 625 SF backyard * 2nd Floor: 2 Bed / 2 Bath * 3rd Floor: 2 Bed / 1 Bath * 4th Floor: 2 Bed / 1 Bath PROPOSED USAGE * Restaurant / Retail Destination: The layout lends itself perfectly to a restaurant conversion, utilizing the backyard as a private outdoor dining area and the cellar for additional accessory use. * Turnkey Investment: Rent out the free-market residential units alongside the highly visible commercial space for a steady, diversified income stream. LOCATION & TRANSPORTATION * Neighborhood Staples: Situated on a vibrant stretch of Atlantic Avenue known for its mix of restaurants, boutiques, and specialty grocers. Generates strong daily foot traffic and is just steps from Sahadi's, Trader Joe's, Boutros, and more. * Borough Hall Station: 2/3 and 4/5 trains (approx. 15 minutes to Lower Manhattan) * Court Street Station: N/R/W trains (approx. 20 minutes to Lower Manhattan) * Bergen Street Station: F/G trains (approx. 30 minutes to Midtown)
Features & Amenities
Interior Features
Building Information
Financial Details
About Brooklyn Heights
View All Brooklyn Heights ListingsBrooklyn Heights is New York City’s first historic district, famous for its grand architecture and the iconic Brooklyn Heights Promenade. Offering some of the most breathtaking views of Lower Manhattan and the Statue of Liberty, the neighborhood exudes a low-traffic, old-world elegance. The real estate market is characterized by magnificent pre-war townhouses, sought-after cooperatives, and a select few ultra-luxury waterfront developments along Brooklyn Bridge Park.
Brooklyn Heights Live Market Data
View NeighborhoodActive Listings
81
Median Asking Price
$1.90M
Median $/Sqft
$1,724
Avg Days on Market
N/A
New This Week
5
Price Reduced
23%
Sold (30 Days)
8
Median Sale Price
$2.15M
Live data from RLS at REBNY • Updated 6/10/26, 4:45 PM EST
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Location
101 Atlantic Avenue, Brooklyn Heights, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
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Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $59,472, or roughly $4,956 per month. Verify the current assessment with your attorney before closing.
This property has 6 bedrooms and 6 full bathrooms.
The listed interior living area is 5,500 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1856, making it approximately 170 years old.
This listing is None
Pet policy requires confirmation with the listing broker.
At the current list price of $5,500,000 for 5,500 sq ft, the asking price per square foot is approximately $1,000. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Compass - Kellen Koon
Listing Contact: (631) 626-9878
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 6/10/2026 at 8:45 PM UTC