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424 Atlantic Avenue MULTIFAMBrooklyn, NY 11217

For Sale

$3,500,000

Smart Buyer Rebate $43,750

Welcome to 424 Atlantic avenue in vibrant Boerum Hill! This blank canvass offers the savvy investor or aspiring multi-family end-user an exciting opportunity to design their very own, custom home and collect robust rental income at the same time. Located at the nexus of Boerum Hill, Downtown Brooklyn and Fort Greene, this address offers the ultimate convenience. Currently zoned and used as a legal 4family with a commercial overlay, this home offers a variety of uses and configurations. The property is a full 20footer built 45ft deep, on a 80ft lot, and has another 1200 of FAR. This home has retained a ton of its pre-war charm - tall ceilings, wide plank flooring, original moldings, fireplace mantels, oversized windows. The prime location offers unbeatable access to all that Brooklyn living is famous for - BAM, Barclay Center, Atlantic Terminal Mall. Every convenience is at your finger tips - the Apple Store, Trader Joe's, not to mention the myriad bespoke boutiques, restaurants, and caf s along Atlantic avenue. Transportation is unmatched with every train - 2,3,4,5,B,Q,D,N,R, and the LIRR all at the Atlantic ave-Barclay Center terminal. Bring your contractor and come see this uncut gem! Shown by private appointment only.

Listed by Silviya Dimova-Hubshman

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License #10301217528

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Serhant

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(212) 470-0746

Last updated May 08, 2025

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Source: REBNY #RLS20016109

Listing Facts

  • TypeSingle-family
  • NeighborhoodBoerum Hill
  • Bedrooms6
  • Bathrooms4
  • Days on Prevu148

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

05/08/2025
Price Decreased
$3,500,000
04/11/2025
Listed by Serhant
$3,800,000

Estimated Closing Costs

Total
$131,650
Attorney Fees
$4,000
NYC Mansion Tax
$52,500
Title Insurance
$15,750
Bank Attorney
$1,500
Mortgage Recording Tax
$53,900
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $3,500,000 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 424 Atlantic Avenue MULTIFAM

Association

Amenities

  • Pets Allowed: Building Yes, No

Compensation

Commissions

  • Buyer Agency Compensation: 2.0Percent

Exterior

Construction

  • Property Condition: Average Condition
  • Stories Total: 1
  • Entry Level: 4

Features

  • Patio And Porch Features: Deck

Interior

Features

  • Fireplace: Yes
  • Fireplaces Total: 1

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 6
  • Rooms Total: 8

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Boerum Hill
  • Tax Block: 01824
  • Tax Lot: 0016

Utilities

Equipment

  • Laundry Features: Washer Hookup

Based on information from 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 in the market. ©2025 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.