154 Atlantic AveBrooklyn, NY 11201

  • Apartment buildings
  • 5,460 SF
For Sale
$7,000,000 View listing
Leaflet | © OpenStreetMap contributors

Property Details for 154 Atlantic Ave

Year built
1910
Lot size
0.04 AC
Property size (Sq ft)
5,460 SF
Zone code
R6
Property type
Apartment buildings
APN
00285-0026
APU
2850026

Description

This exceptional eight-unit multifamily building, located at 154 Atlantic Avenue in Brooklyn's desirable Cobble Hill neighborhood, presents a unique investment opportunity. The property boasts a total of approximately 6,260 square feet across four floors. The building has undergone a complete, high-end renovation, resulting in eight modern apartments featuring condo-quality finishes. The unit mix includes one one-bedroom, one-bathroom unit

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,119,349
    6.5%
    $1,033,246
    7%
    $959,442
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,105,776
    Geo Method
    $1,105,776
  • Alternative Use

    Use
    Valuation
    Residential
    $1,033,246
    Hospitality
    $946,447
    Educational
    $787,433
    Medical
    $814,514
    Retail
    $1,224,896

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6901
Longitude
-73.9947
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$39,782
$16,650
$949,950
$966,600
-
$37,000
$2,111,000
$2,148,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@paperhouses.co and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@paperhouses.co.