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.
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.
Property Details
Price:
$1,100,000
MLS #:
501149
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
Multi-Family
Borough:
Brooklyn
Neighborhood:
oceanhill
Listed Date:
May 5, 2026
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address2296 Atlantic Avenue Brooklyn NY
- NeighborhoodOcean Hill
- CityBrooklyn
- CountyKings (Brooklyn)
- Zip Code11233
Market Summary
Current real estate data for Multi Family in Brooklyn as of Jul 20, 2026
725
Multi Family Listed
128
Avg DOM
628
Avg $ / SqFt
$1,772,142
Avg List Price
Property Summary
- 2296 Atlantic Avenue Brooklyn NY is a Multi Family for sale in Brooklyn, NY, 11233. It is listed for $1,100,000
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