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  • 101 Atlantic Avenue
  • $ 5,500,000
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
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101 Atlantic Avenue

Brooklyn Heights   |   Henry Street & Hicks Street
Listing ID: 106694TH

  • $ 5,500,000
  • Bedrooms
  • Bathrooms
  • TownhouseBuilding Type
  • 5,500 Approx. SF

  • Details
    • Mixed UseOwnership
    • $ 59,472Anual RE Taxes
    • 25'x55'Building Size
    • 25'x80'Lot Size
    • 1856Year Built
    • ActiveStatus

101 Atlantic Avenue Brooklyn Heights Brooklyn NY 11201
  • 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)

    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)

    Listing Courtesy of Compass
  • Contact
  • William Abramson

    License Licensed As: William D. Abramson

    Director of Brokerage, Licensed Associate Real Estate Broker

    W: 646-637-9062
    M: 917-295-7891
    • Email Me
    • Download Contact

  • View more details +

  • Features
    • A/C
    • Bike Room
    • Courtyard

  • Close details -
  • Contact
  • William Abramson

    License Licensed As: William D. Abramson

    Director of Brokerage, Licensed Associate Real Estate Broker

    W: 646-637-9062
    M: 917-295-7891
    • Email Me
    • Download Contact

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.