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2296 Atlantic Avenue

New York NY 11233

3
1700 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Welcome to 2296 Atlantic Avenue, this exceptional three-family turnkey investment property delivers immediate cash flow and long-term upside, boasting an impressive ~8.6% cap rate. Fully occupied with stable, paying tenants, the building is well maintained and requires minimal management—making it a true plug-and-play asset for any investor. Each unit features functional layouts designed for tenant comfort and retention, contributing to consistent rental income and a proven occupancy track record. This is a rare opportunity to secure a high-performing, income-generating property with solid financials from day one. Adding even greater value, the neighboring building 2294 Atlantic Avenue is also available and can be purchased as a package deal. Combined, the properties present a unique development opportunity with additional air rights, offering significant upside potential for expansion or redevelopment. R6 Zoning. Ideal for both seasoned investors and developers looking to maximize returns through income and future growth.

Features

3 bathrooms
1700 sq. ft. lot size
Multi-Family

Happy sellers in New York

~%

We have insufficient information to provide an overview of customer satisfaction for New York. Viewing the agent profiles, reviews and sales for New York can provide insights for this location.

Local market activity for multi families in New York

In the last 12 months, 11 multi families similar to 2296 Atlantic Avenue, have been sold.

This represents a 45% increase in multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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