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101 Atlantic AvenueBrooklyn, NY 11201

For Sale

$5,500,000

Smart Buyer Rebate $68,750

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)

Listed by Kellen Koon

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Compass

·

(631) 626-9878

Listed by Helen Chee

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Compass

Last updated June 10, 2026

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Source: REBNY #RLS20085297

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeSingle-family
  • NeighborhoodBrooklyn Heights
  • Bedrooms6
  • Bathrooms6
  • Days on Prevu5
  • Taxes$59,472/year
  • Size5,500 sqft
  • Price per sqft$1,000

Location

Mortgage Calculator

Listing History

06/10/2026
Listed by Compass
$5,500,000

Estimated Closing Costs

Total
$242,700
Attorney Fees
$4,000
NYC Mansion Tax
$123,750
Title Insurance
$24,750
Bank Attorney
$1,500
Mortgage Recording Tax
$84,700
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $5,500,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 101 Atlantic Avenue

Association

Amenities

  • Pets Allowed: Building No, No

Exterior

Construction

  • Number Of Units Total: 3
  • Stories Total: 4
  • Structure Type: Multi Family, Mixed Use, Townhouse
  • Year Built: 1856
  • Entry Level: 1

Measurements

  • Building Area Total: 5,500
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 25
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 00274-0010
  • Tax Annual Amount: $59,472.00

Interior

Features

  • Flooring: Hardwood

Measurements

  • Living Area: 5,500
  • Living Area Units: SquareFeet

Rooms

  • Basement: Full
  • Has Basement: Yes
  • Bathrooms Full: 6
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 6
  • Rooms Total: 12

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Brooklyn Heights
  • Tax Block: 00274
  • Tax Lot: 0010

Utilities

Equipment

  • Laundry Features: See Remarks

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 6 bedrooms and 6 bathrooms in this single-family home at 101 Atlantic Avenue.

What are the annual taxes for 101 Atlantic Avenue?

Annual taxes for this single-family home are estimated at $59,472.

How does 101 Atlantic Avenue compare to other single-family homes in Brooklyn Heights?

This single-family home is listed 56% below the average price for single-family homes in Brooklyn Heights and has been on the market for 74 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 5,500 sqft.

101 Atlantic Avenue is a 6-bedroom, 6-bath single-family home for sale in Brooklyn NY 11201. Available on Prevu for 5 days at $5,500,000. This home features 5,500 square feet of living space, located in Brooklyn Heights. The median listing price for single-family homes in this area is $2,160,000. Browse more single-family home listings in New York.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 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 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.