RealtyLens
for saleRealtyLens property overview
$1,100,000

2294 Atlantic Ave

Brooklyn, NY, 11233
View more Brooklyn, NY property pages
6Beds
3Baths
2,160Sqft
$509$/sqft

Listing Notes

Welcome to 2294 Atlantic Avenue, Turnkey 3-family investment opportunity featuring three spacious units, each offering 2 bedrooms and 1 bathroom. This well-maintained property is ideal for both seasoned investors and those looking to start building a strong real estate portfolio. Each unit provides a comfortable layout with generous living space, making them highly desirable for long-term tenants. The property boasts a strong rent roll with consistent income potential, supported by reliable occupancy and market-aligned rental rates. With minimal operating expenses, this asset is designed for efficiency and ease of management. Tenants are responsible for most utilities, helping to keep owner costs low and maximize net returns. The building has been properly cared for, reducing the need for immediate capital improvements. Whether you're looking for steady cash flow or long-term appreciation, this income-producing property checks all the boxes with its solid financial performance and low-maintenance profile.

Market Insights

Below nearby median-5.7%

$509/sqft vs a nearby median of $540/sqft.

Nearby median$540/sqft
Nearby properties12
Property size2,160 sqft
  • -5.7% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,160 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.09M$991k$1.19M · 50% confidence
vs ask $1.10M+$11k (+1.0%)

Asking price is well-anchored to the comp picture (+1.0%). Negotiate on terms, not headline price.

$540/sqft median across 8 tight comps × 2,160 sqft= $1.17M
  • Open Class C HPD violations−$70k −6.0%
  • Visible condition issues−$47k −4.0%
  • Transit access+$29k +2.5%
  • Pre-war character+$29k +2.5%
  • Sparse street life−$17k −1.5%
Cumulative NYC adjustments−$76k−6.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-5.7% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
29 days
Last price change
No change recorded
Listed
Apr 13, 2026
Photos
11 photos
Property type
multi family
Status
for sale
Last sold
Feb 17, 2015 · $148,000

Features & Amenities

Central AirHardwood FloorsRental PropertyEfficientInvestment Opportunity

Photos

Building Facts

Year built
1901
Stories
3
Total units
3
Residential units
3
Building area
2,160 sqft
Lot size
1,700 sqft
Land use
Multi-family walk-up buildings
Building class
C0

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,100,000for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations17 open

4 class C (immediately hazardous)

ACRIS documents25

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)33,383

Top: noise - residential

Top complaint types in ZIP 11233

  • Noise - Residential5,484
  • HEAT/HOT WATER3,514
  • Illegal Parking2,842
  • UNSANITARY CONDITION1,951
  • PLUMBING1,222

Recent HPD

  • May 1, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
  • Nov 20, 2025Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
  • Jun 6, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
  • Apr 8, 2024Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...

Recent Transfers (ACRIS)

  • May 24, 1990DEED
  • May 12, 1997DEED

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.