Ariel Property Advisors
Listed by Ariel Property Advisors
$6,250,000
Boerum Hill’s Premier Corner
Details
APN 181/25
Property Type Retail, Mixed Use
Sub Type Storefront, Commercial Loft
Square Footage 6,000
Units 4
NOI $200,183
Occupancy 100%
Tenancy Multi
Brand/Tenant The Nuts Factory, Chateau Glow
Pro-Forma NOI $341,889
Price per SqFt $1,087
Buildings 1
Stories 3
Lot Size (SqFt) 2,264
Zoning R6A / C2-4 / DB
Investment Type Value Add
Ceiling Height 12
290 Atlantic Avenue, Brooklyn, NY 11201
Marketing description
290 Atlantic Avenue is a trophy corner site in Boerum Hill, Brooklyn, offering maximum visibility and exposure on one of Brooklyn's most heavily trafficked corners with foot traffic of 10,000+ pedestrians daily. The subject property is a 6,000 square foot, three (3) story walk-up that features 120' of prime retail frontage. Not included is an additional 1,500 SF of below grade space putting the total building size to approximately 7,500 SF. With strong in-place cash flow and significant upside in a rapidly growing area, 290 Atlantic Avenue represents an outstanding opportunity for investors and owner-users.
Investment highlights
- A Trophy Corner Site in Boerum Hill with Exceptional Street Presence A bustling corridor home to local and national tenants with foot traffic of 10,000+ pedestrians daily - one of Brooklyn’s most heavily trafficked corners
- Asset Overview The subject property is a 6,000 square foot, three (3) story walk-up that features 120’ of prime retail frontage. Not included is an additional 1,500 SF of below grade space putting the total building size to approximately 7,500 SF.
- Occupancy & Unit Breakdown
- The building's four (4) units consist of two (2) retail units, and two (2) commercial loft units - 100% occupied
- Signature Building Attributes Each loft residence features soaring 12-foot ceilings and exceptional natural light, creating bright, airy interiors that feel open and elevated
- Zoning Overview R6A/C2-4/DB zoning
- In-Place Revenue with Clear Upside With strong in-place cash flow and significant upside in a rapidly growing area, 290 Atlantic Avenue represents an outstanding opportunity for investors and owner-users
- Premier Transit Access Easily accessible via the F/G trains at Bergen Street, the A/C/F trains at Jay Street, and the 2/3/4/5 trains at Borough Hall
- Generational Opportunity This property is coming to market for the first time in over 50 years, having remained under single ownership for half a century
Listing Contacts
Ariel Property Advisors
Listed by Ariel Property Advisors
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$200,183.00
$16,681.92/mo
Valuation Metrics
0
DSCR
3.2%
Cap Rate
3.2%
ROI
Map
Zoning
R6A ResidentialMulti FamilyGeneral Residence
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 99 uses
View all 99 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
