Brooklyn Home Company Sells Retail Property At 365-367 Atlantic Avenue For $2.4M
365 367 Atlantic Avenue, Brooklyn, Ny, 11217
$2,400,000
$770/SF
Building Size
3,117 SF
Asset Type
Retail
Closing
Feb 1, 2026
AI
The retail property located at 365-367 Atlantic Avenue in Boerum Hill was sold for a price of $2,400,000. The asset spans an area of 3,117 square feet, equating to a price per square foot of $769.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,400,000
- Address: 365-367 Atlantic Avenue
- Market: Boerum Hill
- Seller: The Brooklyn Home Company
- Broker: Matthew Marshall - Marshall Real Estate
This transaction involved The Brooklyn Home Company as the seller, represented by broker Matthew Marshall from Marshall Real Estate, facilitating the deal on behalf of the seller.
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93