Multifamily Housing
348 Atlantic Avenue Brooklyn, NY 11217
Details & Description
Price: $13,500,000
    Package of three mixed-use buildings with a total of 10 apartments & 5 Retail available for sale. Priced at $13,500,000 / 5.7% Cap Rate.Contact the listing sales broker for further details. 
    Listing Agents
    Daniel Aminov

    O: 212-658-0959
    M: 718-219-7103
    daminov@alpharealtyny.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    348 Atlantic Avenue

    Brooklyn, NY 11217

    Listing ID: 223343
    • 348 Atlantic Avenue Brooklyn, NY 11217 | for Sale | Photo 1
    • 348 Atlantic Avenue Brooklyn, NY 11217 | for Sale | Photo 2
    348 Atlantic Avenue | for Sale | Thumbnail 1
    348 Atlantic Avenue | for Sale | Thumbnail 2
    Building Size: 20,000 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $675.00
    Land $/SF:
    Price
    $13,500,000
    Description

    Package of three mixed-use buildings with a total of 10 apartments & 5 Retail available for sale.

    Priced at $13,500,000 / 5.7% Cap Rate.

    Contact the listing sales broker for further details. 

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    New York History of Multifamily Housing for Sale

    Loan and Amortization Calculator

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    Brooklyn Area Market Trends

    Listing Demographics for 348 Atlantic Avenue Brooklyn, NY 11217

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population149,9901,045,7522,629,881
    Population Median Age373737
    Population by Age0-9 Yrs18707 (12%)123684 (11%)315979 (12%)
    10-19 Yrs12358 (8%)96654 (9%)257051 (9%)
    20-29 Yrs23712 (15%)194811 (18%)482267 (18%)
    30-39 Yrs35059 (23%)211010 (20%)511414 (19%)
    40-49 Yrs21779 (14%)135748 (12%)331628 (12%)
    50-59 Yrs14598 (9%)107347 (10%)282086 (10%)
    60-69 Yrs12487 (8%)91247 (8%)233538 (8%)
    70+ Yrs11290 (7%)85251 (8%)215917 (8%)
    Median HH Income$115,606$79,399$77,466
    Total Household Income< 24K10223 (15%)97550 (22%)227207 (21%)
    25-49K7227 (11%)63983 (14%)166774 (15%)
    50-74K5928 (9%)50204 (11%)132536 (12%)
    75-99K5776 (8%)43368 (9%)110997 (10%)
    100-199K17883 (27%)103824 (23%)252232 (23%)
    200K+17832 (27%)79811 (18%)185197 (17%)
    Highest Education LevelNo Diploma9497111276281956
    Diploma or GED12002126306361579
    Some College925679984213258
    Assoc. Degree37083090787009
    Bachelors Degree38161231706536368
    Higher Degree39089177566399857
    Total Housing Units71,054482,4791,198,334
    --Owner-Occupied21,174100,526278,996
    --Renter-Occupied43,697338,214795,947
    Owner-Occupied Values< 100K48533569475
    100-199K32417577000
    200-299K532247710060
    300-399K932390117166
    400-499K900462022132
    500K+1800184416213163
    Total Working Age Population123,653862,5592,158,792
    In Work Force89,321589,8661,467,933
    Not In Work Force34,332272,693690,860
    Workforce Employed83,957557,0181,388,699
    Workforce Unemployed5,35432,70478,849
    Civlian Workforce89,311589,7221,467,548
    Military Workforce10144385
    Total Households64,871438,7401,074,944
    Family Households32,641218,609556,261
    Non-Family Households32,229220,131518,683
    Married Couple23,817142,373363,277
    Other Family8,82476,236192,984
    Married w/Child11,28862,034157,645
    Single Male w/Child7425,43014,757
    Single Female w/Child3,24524,40361,243

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Hudson County608,975+4634,266+12708,100+6747,400
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Kings County2,465,326+22,504,700+92,738,283+52,863,996
    New York County1,537,195+31,585,873+61,688,894+21,727,631
    Queens County2,229,37902,230,722+92,436,549+52,565,268
    Richmond County443,728+6468,730+3481,351+1488,119

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 348 Atlantic Avenue in Brooklyn?
    The asking price for 348 Atlantic Avenue is $13,500,000
    What is the building size of this Multifamily property in Brooklyn, NY?
    The size of the building/unit at 348 Atlantic Avenue in Brooklyn is 20,000 square feet
    What is the population within 1 mile of 348 Atlantic Avenue in Brooklyn?
    The population within 1 mile of 348 Atlantic Avenue Brooklyn, NY 11217 is 149,990 people.
    Who do I contact for questions about 348 Atlantic Avenue?
    You should contact the listing agent, Daniel Aminov, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    La Guardia Airport (LGA) 9
    Newark Liberty International Airport (EWR) 10
    John F Kennedy International Airport (JFK) 11