948 Atlantic Avenue #1, New York City, NY 11238
Listing Courtesy of Compass
$5,000/mo
Potential Rebate: $75
Overview
Welcome to 948 Atlantic Avenue, Brooklyn, NY 11238 - Ground Floor Commercial Unit, a prime opportunity to establish your business at the convergent location of Prospect Heights, Crown Heights, and Clinton Hill neighborhood. This fully renovated mixed-use building offers a commercial space on the ground floor, boasting an array of features that make it an ideal location for your business.
Upon entering, you will be greeted by spacious, open-concept interiors with concrete floors, providing 840 total sqft of versatile space ready for your business build-out. Additionally, the fully finished, full-height basement offers an additional 750 sqft of useful space, perfect for expanding your operations or creating storage areas.
The exterior of the building is equally impressive, with 18 feet of glass frontage on Atlantic Ave, showcasing your business to the enormous pedestrian and vehicular traffic along this main street. The property also includes a huge backyard, offering 860 sqft of additional outdoor space that will undoubtedly add value to almost any business venture.
Situated in a vibrant mixed-use commercial and residential area on Atlantic Avenue, this location is surrounded by new condominium developments and rental buildings, ensuring a steady flow of potential customers. The neighborhood's dynamism and creativity, along with its close proximity to Lowry Triangle Park at Underhill Avenue, Downtown Brooklyn, and the Barclays Center, further enhance the appeal of this commercial space.
Moreover, the location highlights its accessibility, being close to trains, buses, shopping, culture, parks, and recreation. Atlantic Avenue itself is a major thoroughfare that connects Brooklyn and Queens, providing unparalleled exposure for your business.
Don't miss the chance to become part of this dynamically diverse neighborhood and establish your business in a prime location with immense potential for growth and success.
Home Features
- •Central Air
- •See Remarks
- •Private Outdoor Space Over 60 Sqft
- •Private Yard
- •Recessed Lighting
- •Concrete
- •Full
Estimated Monthly Payment
$25 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$75
Monthly savings impact
$0/mo
Effective Purchase Price
$4,925
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
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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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20057351
Price Analysis
Compare average listing prices and value metrics for 948 Atlantic Avenue against the surrounding Prospect Heights market.
Average List Price
Price Per SqFt
99.46% Lower
than the Prospect Heights price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Prospect Heights
Overview of Prospect Heights
Prospect Heights is the cool, cultural cousin of Park Slope. Smaller, diverse, and anchored by Brooklyn's biggest cultural heavyweights (The Museum, The Library, The Garden), it has rapidly become a top destination. For buyers seeking Prospect Heights Brooklyn real estate, it offers brownstone charm with a slightly more relaxed, younger energy.
Living in Prospect Heights is convenient. Vanderbilt Avenue has become a premier dining street (often closed to cars for "Open Streets"). As a central Brooklyn NYC neighborhood, it is steps from everything that matters in the borough.
Real Estate & Housing Market
The market for homes for sale in Prospect Heights is a mix of stunning brownstones and pre-war co-ops. The blocks are generally quieter and sometimes wider than Park Slope.
New luxury condos, particularly the massive Pacific Park development (near Barclays), are adding modern inventory to the historic stock.
Lifestyle & Community
The lifestyle in Prospect Heights is culturally rich. You can spend a Saturday at the Brooklyn Museum, walk through the Botanic Garden, and have dinner at Olmsted. It feels intelligent and fun.
The community is a blend of long-time Caribbean residents and newer professionals. It has a strong, welcoming identity.
Transportation & Accessibility
Prospect Heights is excellent for transit. You have the 2/3 at Grand Army Plaza, the B/Q at 7th Ave, and the C nearby. Atlantic Terminal is a short walk.
It is centrally located, making it easy to get to both Manhattan and the beaches.
Parks, Schools & Amenities
Prospect Park and Grand Army Plaza form the neighborhood's southern border. The Saturdays Farmer's Market at Grand Army Plaza is one of the best in the city.
Amenities are world-class: The Brooklyn Museum, Brooklyn Botanic Garden, and Brooklyn Public Library (Central Branch) are all right here.
Who This Neighborhood Is Best For
Prospect Heights is best for culture vultures, foodies, and buyers who want the Park Slope perks but prefer a slightly smaller, more low-key neighborhood.
