Atlantic Ave Mixed Use Buildings | Brooklyn Heights

Highlights:

• Prime Brooklyn Heights location
• Strong in-place cash flow
• Tax-class protected mixed-use asset
• Value-add opportunity to convert oversized 1BR units to 2BR layouts
• Free-market residential units
• Walk to Brooklyn Bridge Park
• Excellent access to 2, 3, 4, 5, A, C, F, R subway lines

Description:

Terracrg is pleased to exclusively represent ownership in the sale of 145 Atlantic Avenue, a fully occupied mixed-use investment property ideally situated in the heart of Brooklyn Heights, one of New York City's most desirable neighborhoods.

The four-story, 3,802-square-foot building consists of four units, including three free-market residential apartments and one ground-floor commercial space occupied by the restaurant Bebo NYC. The property generates strong in-place cash flow and benefits from tax-class protection, providing investors with stable income and long-term investment potential. In addition to its stable in-place income, the property offers meaningful value-add potential through the potential repositioning of the oversized one-bedroom residential units into highly desirable two-bedroom layouts, capitalizing on strong demand for two-bedroom apartments in the Brooklyn Heights market, where comparable units command rents of approximately $7,000 per month.

Located along Atlantic Avenue's established retail corridor, the property enjoys outstanding neighborhood demographics, exceptional walkability, and immediate proximity to Brooklyn Bridge Park. The property is also within a short walk of multiple subway lines, including the 2, 3, 4, 5, A, C, F, R, with convenient access via Borough Hall, Court Street, High Street, Jay Street–MetroTech, and Clark Street stations, providing seamless connectivity throughout Brooklyn and Manhattan. This offering presents the opportunity to acquire a boutique mixed-use asset with strong in-place cash flow and long-term appreciation potential in one of Brooklyn Heights' most coveted investment markets.