2043 Atlantic Avenue

For Sale$1,500,000

2043 Atlantic Avenue, Brooklyn, NY 11233

  • Mixed Use

2043 Atlantic Avenue, Brooklyn, NY 11233 - Mixed Use Space

2043 Atlantic Avenue is located at 2043 Atlantic Avenue in the Ocean Hill neighborhood, NY, Brooklyn, 11233. The Mixed Use building features a total of 3,600 Sqft.

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Details

  • Sale Price $1,500,000
  • City Brooklyn
  • Neighborhood Ocean Hill
  • Zip Code 11233
  • Property Type Mixed Use
  • Property Size 3,600 Sqft

Description

JLL, as exclusive agent, has been retained to sell 2043 Atlantic Avenue, a three-story mixed used building in Ocean Hill, Brooklyn The corner commercial unit is occupied by the Lisa S. Dozier Funeral Merchandise Boutique, which was recently renovated. It occupies approximately 1,200 square feet and pays $3,675/month with five percent increases every year. The tenant is liable to pay for 33% of the water/sewer and heat bills, as well as 33% of real estate tax increases. The second commercial unit is approximately 400 square feet and the tenant pays $1,300/month with five percent yearly increases. Here, the tenant is responsible for 17% of real estate tax increases, as well as 17% of the water/sewer bill. The two apartments, approximately 1,000 square feet each, including bedrooms and common areas, rent for $2,559/month and $2,394/month. 2043 Atlantic Avenue is conveniently located next to several points of public transportation including the A and C trains at Rockaway Avenue and the A,C, J, Z & L trains at Broadway Junction. These stations provide direct access to Downtown Brooklyn and Manhattan in 20-30 minutes. This is a great opportunity to acquire a stable, cash-flowing asset with new gas boiler in the center of a rapidly growing neighborhood.

Ocean Hill Demographics

The average household income in zip code 11233 is $55,867, from a total of 28,424 households. In terms of employment, there are 85.11 % white-collar and 14.89 % blue-collar jobs in zip code 11233.

Population

  • Total Population74,982
  • Male Population(45.7 %) 34,273
  • Female Population(54.3 %) 40,709
  • Median Age33.20

Income/Financial

  • Average Household Income$55,867
  • Median Household Income$36,009
  • Median Income Under 25$37,138
  • Median Income 25-44$38,250
  • Median Income 45-64$42,240
  • Median Income Over 65$22,184

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Attachments

Commercial Brokers Register now to add listings

Sebastian Sanchez

Jones Lang LaSalle

broker

Edward Gevinski

JLL

(212) 915-7238