379 ATLANTIC Avenue, New York City, NY 11217
Listing Courtesy of Brown Harris Stevens Brooklyn LLC
$3,800,000
Potential Rebate: $57,000
Overview
Rare Opportunity on Atlantic Avenue: A 4-Story Gem with Endless Possibilities!<br> Seize this grand investment opportunity:<br> Property class three family with one store or office (S3) <br> Historic district Boerum Hill Extension <br> Building dimensions 22x52ft<br> Lock dimensions 22.42ftX80ft <br> Over 3000 ft. of unused space available <br> All dimensions per PROPERTY SHARK <br> <br> Opportunity in one of the most vibrant and sought-after locations in the city! Situated on iconic Atlantic Avenue, this four-story building is delivered vacant, offering a blank canvas to create your dream property. Whether you're a savvy developer, an ambitious investor, or an owner-occupant with a vision, this property is your chance to design a legacy.<br> <br> Key Features:<br> Two spacious bedrooms per floor-perfect for rentals, a multi-family setup, or a luxurious single-family conversion.<br> Full basement for additional storage, workspace, or creative possibilities.<br> <br> Expansive backyard-a rare find in this prime urban location, ideal for entertaining, gardening, or outdoor retreats.<br> Room to build up-unlock even more potential with added floors, subject to zoning approval.<br> <br> Prime Location:<br> Nestled in a stellar neighborhood filled with upscale artisan shops, trendy restaurants, and cultural hotspots.<br> Close to all major transportation hubs for unmatched convenience.<br> A short stroll to shopping, parks, and everything you need for city living at its finest.<br> <br> Potential Galore:<br> This property is perfect for renovators with a vision! Reimagine the space to suit your needs-create a stunning multi-family residence, establish your own store on the ground floor, or develop it into a lucrative mixed-use building.<br> <br> Why You'll Love It:<br> Atlantic Avenue is a hub of activity and charm, where modern living meets historic appeal. This is your chance to be part of a thriving community and join the ranks of the area's exciting growth and transformation.<br> <br> Don't Miss Out!<br> Properties like this don't come around often. Whether you're dreaming of a home, business, or investment, this versatile property has it all.<br> Act now to secure your future! Contact me today for more details and a private showing.
Home Features
- •In Unit
- •Private Outdoor Space Under 60 Sqft
- •Smoke Free
Estimated Monthly Payment
$18,778 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$57,000
Monthly savings impact
$158/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Brown Harris Stevens Brooklyn LLC
Data Source: TRESTLE #RLS11026000
Price Analysis
Compare average listing prices and value metrics for 379 ATLANTIC Avenue against the surrounding Boerum Hill market.
Average List Price
Price Per SqFt
178.06% Higher
than the Boerum Hill price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Boerum Hill.
Boerum Hill
Overview of Boerum Hill
Boerum Hill is the relaxed, artsy sibling of the brownstone belt. Sitting between Cobble Hill and Park Slope, it offers tree-lined streets of red-brick rowhouses and a vibrant shopping scene on Atlantic Avenue. For buyers seeking Boerum Hill Brooklyn real estate, it offers a perfect blend of residential quiet and commercial convenience.
Living in Boerum Hill is unpretentious but upscale. It feels lived-in. As a central Brooklyn NYC neighborhood, it offers the best access to transit and downtown Brooklyn while maintaining a low-rise village scale.
Real Estate & Housing Market
The market for homes for sale in Boerum Hill is strong. The neighborhood is known for having a higher concentration of red-brick townhouses (vs. brownstone) and many are still single-family homes.
New luxury condos along the Atlantic Avenue corridor have added modern options, creating a diverse housing stock.
Lifestyle & Community
The lifestyle in Boerum Hill is convenient. Atlantic Avenue is famous for its antique shops, Middle Eastern spice markets (Sahadi's), and trendy boutiques. Smith Street offers nightlife and dining.
The community is creative and professional. Actor Heath Ledger famously lived here, cementing its cool factor.
Transportation & Accessibility
Boerum Hill has arguably the best transit in Brooklyn. You are walking distance to Atlantic Terminal (all trains + LIRR) and the A/C/G at Hoyt-Schermerhorn and F/G at Bergen.
Commuting to Manhattan takes 10-15 minutes.
Parks, Schools & Amenities
While it lacks a massive park within its borders, it has smaller pleasant spaces, and residents often walk to nearby Brooklyn Bridge Park or Fort Greene Park.
Amenities are top-notch: easy access to the Barclays Center, City Point (Alamo Drafthouse, Trader Joe's), and the cultural BAM district.
Who This Neighborhood Is Best For
Boerum Hill is best for commuters, design lovers, and buyers who want a quiet street but instant access to the energy of Downtown Brooklyn.
