65 Atlantic Ave - Apartments FOR SALE


Brooklyn, NY 11201- Brooklyn Heights
$7,500,000 USD
347-645-1333
65 Atlantic Ave, Brooklyn, NY for Sale
$7,500,000 USD
Apartments - FOR SALE
1/21
null | 5.5% Cap Rate

65 Atlantic Ave
Brooklyn, NY 11201
Brooklyn Heights


OVERVIEW

Rare Brooklyn Heights 16-Unit Co-Op | Loft-Style + Duplex with Outdoor Space 63–65 Atlantic Avenue First time offered in decades, this 16-unit cooperative building—held under long-time family ownership—presents a rare opportunity to acquire a generational asset in Brooklyn Heights, one of New York City’s most prestigious and supply-constrained neighborhoods. The property features a highly attractive unit mix, including 14 loft-style studio residences with open layouts and high ceilings, along with two duplex units offering private backyard access—a rare and highly sought-after amenity. Situated along Atlantic Avenue at the crossroads of Brooklyn Heights, Cobble Hill, and Boerum Hill, the asset benefits from exceptional demand, strong resale potential, and long-term appreciation. Property Highlights: -16-unit cooperative building -14 loft-style studio units with open layouts -2 duplex residences with private backyard access -Located in prime Brooklyn Heights -Generational, long-time family ownership -High ceilings and flexible configurations -Well-maintained with strong underlying structure Value-Add Opportunity: A clear path to unlocking value through renovation and repositioning: -Transform loft studios into modern, design-driven residences -Reconfigure layouts with sleeping alcoves or home offices -Maximize duplex units as premium indoor/outdoor offerings -Upgrade kitchens, bathrooms, and common areas -Rebrand as a boutique loft-style co-op in Brooklyn Heights Investment Thesis: -Significant upside through renovation -Premium pricing for loft-style units and outdoor space -Strong end-user demand in Brooklyn Heights -Ideal for sponsor-led sellout or phased resale strategy -Long-term appreciation in a blue-chip Brooklyn location Location Highlights: -Prestigious Brooklyn Heights address -Immediate access to Manhattan via multiple subway lines -Near the Brooklyn Heights Promenade and waterfront -Surrounded by top-tier dining, retail, and neighborhood amenities This is a rare Brooklyn Heights co-op opportunity combining loft character, outdoor space, and scale—with compelling upside in one of NYC’s most desirable neighborhoods.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$1,084 USD /SF

# OF UNITS

16

PRICE/UNIT

$468,750

CAP RATE

5.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,202 SF

ZONING

R6

APN/PARCEL ID

00258-0106

ASK ABOUT THIS PROPERTY

Avi AdivBrick Real EstateMore Info
347-645-1333

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Avi AdivBrick Real EstateMore Info
347-645-1333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.