2904 ATLANTIC AVENUE, Brooklyn, NY 11207

Property Description

Prime Brooklyn Investment Opportunity - 14-Family Building with 1 Store An exceptional opportunity to acquire a substantial income-producing property at 2904 Atlantic Avenue, Brooklyn, NY. This mixed-use investment features 14 residential apartments and one commercial store in a desirable, high-visibility location. The property generates an impressive gross annual income of $360,984, with estimated annual operating expenses of approximately $94,000, resulting in an estimated net operating income (NOI) of $266,984 per year. With its combination of residential and commercial income, this property presents an attractive opportunity for investors seeking a substantial Brooklyn asset with established income and long-term investment potential. Property Highlights: 14 residential apartments plus 1 commercial store Gross annual income: $360,984 Estimated annual operating expenses: $94,000 Estimated annual net operating income: $266,984 Prime Atlantic Avenue location in Brooklyn Mixed-use income stream from residential and commercial tenants Attractive opportunity for investors seeking strong cash flow and long-term appreciation potential A compelling opportunity to acquire a sizable multifamily and retail property in Brooklyn.