$3,400,000
101 Atlantic Avenue
Brooklyn, NY 11201
MLS# 1154066
Status: Closed
3795 sqft


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Property Description
Beautiful well maintained and half owner occupied, this landmarked building located between Hicks and Henry in desirable Brooklyn Heights is new to the market. One commercial unit and three residential units. Walk to everything. Three apartments have 2 bedrooms each, Large Dining/Living Room space, full bath, kitchen, high ceilings. First floor tenant is a gym which is their anchor tenant. 5 year lease, second term. Beautiful space, exposed brick wall and high ceilings. Unfinished cellar with Laundry room and utilities. Back yard, concrete. Brand new flat, rubber roof. New windows front and back. Bricks repointed in recent years. Brand new boiler and hot water heater in the last 6 months. Near any train you can think of, any shop you wish to shop in and more! All apartments will be delivered vacant, gym tenant is staying. Call or email for more information! (** Square footage for entire legal space is 5,500 Hallways, stairwells included- The square footage for the units reflects 3795 sq ft. Building is 25×55 and lot is 28×80) ( Professional photos coming of entire building this week)Landlord pays water and building insurance. Gross/Net/Expenses listed here cover just the gym and one apartment- TWO of the 4 units and include water and insurance expenses only. Two other units are owner occupied.

Details
Maps
Address/Legal
Section: N/A
Contract/Location Information
List Price/SqFt: 998.39
CofO: No
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Stories: 4
Taxes: 51000
Tax Abated: No
Lot Size SqFt: 2000
Year Built Info: New
Lot Dim: 25x80
Irregular: No
No. of Heating Units: 1
Air Conditioner: Units
# of A/C Units: 4
Condition: Excellent
Basement Type: Full
Public Remarks: Beautiful well maintained and half owner occupied, this landmarked building located between Hicks and Henry in desirable Brooklyn Heights is new to the market. One commercial unit and three residential units. Walk to everything. Three apartments have 2 bedrooms each, Large Dining/Living Room space, full bath, kitchen, high ceilings. First floor tenant is a gym which is their anchor tenant. 5 year lease, second term. Beautiful space, exposed brick wall and high ceilings. Unfinished cellar with Laundry room and utilities. Back yard, concrete. Brand new flat, rubber roof. New windows front and back. Bricks repointed in recent years. Brand new boiler and hot water heater in the last 6 months. Near any train you can think of, any shop you wish to shop in and more! All apartments will be delivered vacant, gym tenant is staying. Call or email for more information! (** Square footage for entire legal space is 5,500 Hallways, stairwells included- The square footage for the units reflects 3795 sq ft. Building is 25×55 and lot is 28×80) ( Professional photos coming of entire building this week)Landlord pays water and building insurance. Gross/Net/Expenses listed here cover just the gym and one apartment- TWO of the 4 units and include water and insurance expenses only. Two other units are owner occupied.
Rent Control # of Units: 0
Rent Stabilized # Units: 0
Year Built: 1849
Building SqFt: 3795
Number of Units: 4
Status Change Info
Projected Close Date: 2022-07-12
Pending Date: 2022-05-12
Sold Date: 2022-07-19
Sold Price: $3,400,000
Unit 1
Unit 1 - Level: 1
Unit 1 - # Rooms: 2
Unit 1 - # Baths: 2
Rent/Month: 4800
Sewer
City: 1
Income & Expenses
Gross Income: 87000
Net Income: 0
Total Expense: 6500
Appliances
Total # Ranges: 3
Total # Refrigerators: 2
Total # Washers: 1
Total # Dryers: 1
Unit 2
Unit 2 - Level: 2
Unit 2 - # Rooms: 5
Unit 2 - # Bedrooms: 2
Unit 3
Unit 3 - Level: 3
Unit 3 - # Rooms: 5
Unit 3 - # Bedrooms: 2
Rent/Month: 0
Unit 3 - # Baths: 1
Electric
220: 1
Unit 4
Unit 4 - Level: 4
Unit 4 - # Rooms: 5
Unit 4 - # Bedrooms: 2
Rent/Month: 0
Unit 4 - # Baths: 1
Heat Source
Gas: 1
Heat System
Steam: 1
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Parking
On Street: 1
Garage Location
None: 1
Siding
Brick: 1
Stucco: 1
Extras
Cable: 1
Intercom: 1
Laundry: 1
Non Member
Non Member Office: Compass Realty Downtown Brooklyn Location
Non Member Name: Kellen Koon
AddressLegal
Street No.: 101
Street Name: Atlantic
Street Suffix: Avenue
County: Kings
State: NY
Zip Code: 11201
Area Name: Brooklyn Heights
Parcel ID: 00274-0010
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2022-04-23
Sold Price: $3,400,000
Current Price: $3,400,000
Sub-Type: 3F
Zoning: C1-3
Block: 00274
Lot: 0010
Property Features
Electric Meters: Individual
Gas Meters: Individual
Electric: 220
Parking: On Street
Garage Location: None
Siding: Brick; Stucco
Extras: Cable; Intercom; Laundry
Heat Source: Gas
Heat System: Steam

Listing Courtesy of Berkshire Hathaway HomeService Cangiano Estates

Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.