2296 Atlantic Ave
Listing Notes
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.
Price in context
Cheaper than 54% of the 24 homes listed nearby right now, which run $685,000 to $1,450,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 2181 Pacific St Apt 4C | $685,000 | 3 bd · 1 ba |
| 1446 Herkimer St | $750,000 | — |
| 284 Macdougal St | $819,000 | 3 bd · 2 ba |
| 26 Gunther Pl | $875,000 | 3 bd · 3 ba |
| 26 Gunther Pl | $875,000 | 3 bd · 3 ba |
| 28 Marconi Pl | $900,000 | 3 bd · 3 ba |
| 1898 Eastern Pkwy | $980,000 | 2 bd · 2 ba |
| 2271A Pacific St | $999,000 | 5 bd · 4 ba |
| 18 Pleasant Pl | $999,000 | 6 bd · 3 ba |
| 32 Radde Pl | $999,000 | 5 bd · 2 ba |
| 2271 Pacific St | $1,088,000 | 5 bd · 4 ba |
| 2294 Atlantic Ave | $1,100,000 | 6 bd · 3 ba |
| 1998 Bergen St | $1,189,999 | 6 bd · 3 ba |
| 10 Monaco Pl | $1,200,000 | 8 bd · 2 ba |
| 225 Rockaway Ave | $1,200,000 | 7 bd · 5 ba |
| 2352 Pacific St | $1,200,000 | 6 bd · 3 ba |
| 10 Gunther Pl | $1,200,000 | 6 bd · 3 ba |
| 2186 Fulton St Apt 4 | $1,250,000 | 8 bd · 5 ba |
| 2024 Bergen St | $1,275,000 | 5 bd |
| 1796 Eastern Pkwy | $1,349,000 | 6 bd · 4 ba |
| 71 Mother Gaston Blvd | $1,350,000 | Studio |
| 2346 Pacific St | $1,399,000 | 4 bd · 3 ba |
| 221 Macdougal St | $1,399,999 | 5 bd · 3 ba |
| 229 Macdougal St | $1,450,000 | 5 bd · 4 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more