Douglas Elliman Commercial has been exclusively retained by ownership to market for sale 220 Atlantic Avenue, Brooklyn, NY. Improved Price $4,195,000 as of 08/01/2024 Douglas Elliman Commercial has been exclusively retained by ownership to market for sale 220 Atlantic Avenue, Brooklyn, NY. Perfect owner/user opportunity. Pristine mixed-use building with 2 free market apartments over an impressive retail commercial kitchen build out. Located in the center of Brooklyn’s most vibrant neighborhoods: Cobble Hill - Boerum Hill - Brooklyn Heights - Downtown Brooklyn. The 3 story building has been gut-renovated with efficient detail from roof top to the retail lower level. The 2nd and 3rd floor comprise of two free market 2 bedroom apartments, which include washer/dryer, central air and an outdoor deck serving the 2nd floor apartment. The ground floor retail space offers a turnkey food production enterprise or restaurant commissary infrastructure loaded with commercial grade stoves, grills, walk-in freezers, and chillers all serviced by code compliant exhaust ventilation out to the roof. An elevator conveniently connects to the retail’s lower level providing dish washing & food prep stations, walk-in refrigerator storage, and valuable production square footage to enhance any food & beverage service establishment. Proforma: Annual Rental Income $307,200 (Residential + Retail) - $30,365 (Annual Expenses + RE Tax) $276,835 Projected Net Operating Income. Please contact the broker to discuss and arrange tour.