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483 Atlantic Ave 4,000 SF 100% Leased Retail Building Brooklyn, NY 11217 $5,095,108 CAD ($1,273.78 CAD/SF)



INVESTMENT HIGHLIGHTS
- Heavy Foot Traffic
EXECUTIVE SUMMARY
Welcome to 483 Atlantic Ave, an exceptional multi-family townhouse in the heart of vibrant Brooklyn, NY. This mixed-use property boasts an impressive 4,000 square feet of versatile living and commercial space, offering endless possibilities for both residential and business opportunities.
¦ ~4,000 GSF building featuring three (3) full floor units and one (1) retail space. The building will be delivered vacant.
¦ Zoned R7A with C2-4 commercial overlay, the property includes an additional 3,200 BSF in air rights
The property’s mixed-use zoning allows for a unique blend of residential comfort and commercial potential. Imagine the convenience of living above your own business or benefiting from rental income. The flexibility of this property opens doors to a variety of lifestyle choices.
With its prime location, 483 Atlantic Ave provides easy access to a rich array of cultural, dining, and shopping experiences. The vibrant local community and diverse amenities ensure a dynamic lifestyle suited to a variety of interests and pursuits.
This is a rare opportunity to own a piece of Brooklyn’s architectural heritage while enjoying the benefits of modern living. Whether you’re looking to invest, live, or work, this property offers the perfect canvas for your vision. Don’t miss the chance to make 483 Atlantic Ave your next address. Schedule a viewing today and explore the endless potential this remarkable townhouse has to offer.
¦ ~4,000 GSF building featuring three (3) full floor units and one (1) retail space. The building will be delivered vacant.
¦ Zoned R7A with C2-4 commercial overlay, the property includes an additional 3,200 BSF in air rights
The property’s mixed-use zoning allows for a unique blend of residential comfort and commercial potential. Imagine the convenience of living above your own business or benefiting from rental income. The flexibility of this property opens doors to a variety of lifestyle choices.
With its prime location, 483 Atlantic Ave provides easy access to a rich array of cultural, dining, and shopping experiences. The vibrant local community and diverse amenities ensure a dynamic lifestyle suited to a variety of interests and pursuits.
This is a rare opportunity to own a piece of Brooklyn’s architectural heritage while enjoying the benefits of modern living. Whether you’re looking to invest, live, or work, this property offers the perfect canvas for your vision. Don’t miss the chance to make 483 Atlantic Ave your next address. Schedule a viewing today and explore the endless potential this remarkable townhouse has to offer.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built/Renovated
1915/2005
Price
$5,095,108 CAD
Price Per SF
$1,273.78 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
9’
Building FAR
0.83
Lot Size
0.11 AC
Zoning
R7A - R7 Zoning is considered medium density residential with less parking requirements.
Frontage
AMENITIES
- Bus Line
- Metro/Subway
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (94)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00179-0049 | Total Assessment | $1,820,419 CAD (2025) |
| Land Assessment | $363,079 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,457,341 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
00179-0049
Land Assessment
$363,079 CAD (2025)
Improvements Assessment
$1,457,341 CAD (2025)
Total Assessment
$1,820,419 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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483 Atlantic Ave
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