2296 Atlantic, Brooklyn, New York

$1,100,000

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About 2296 Atlantic

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 of 2296 Atlantic

MLS® # 501149
Price $1,100,000
Bathrooms 0.00
Full Baths 3
Type Multi-Family
Sub-Type Multi-Family
Status Active

Community Information

Address 2296 Atlantic
Area Ocean Hill
City Brooklyn
County Kings (Brooklyn)
State New York
Zip Code 11233

Amenities

Amenities NONE
Features A/C Unit
Is Waterfront No
Has Pool No

Interior

Interior Hardwood
Heating Other
Cooling A/C Unit
Fireplace No
Has Basement Yes
Basement Cellar

Exterior

Exterior Aluminum Siding
Roof Flat
Construction Other
Foundation Other

Additional Information

Date Listed May 4th, 2026
Days on Market 129
Tax $1,208

Listing Map

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