174 Atlantic Ave Cobblehl, NY 11201
Cobble Hill NeighborhoodEstimated payment $38,305/month
Highlights
- Waterfront
- Wood Flooring
- Ceiling height of 10 feet or more
- Brownstone
- Brick Front
- 4-minute walk to Cobble Hill Park
About This Home
Rare mixed-use investment opportunity in the heart of Cobble Hill. Located on Atlantic Avenue between Court Street and Boerum Place, this 4-story building sits within the Cobble Hill Historic District, offering a blend of residential and commercial potential in one of Brooklyn’s most established and architecturally protected neighborhoods.
The property consists of 3 residential units and 1 commercial space, totaling approximately 4,708 SF on a 22’ x 80’ lot. Zoned R6 / C2-3, the building benefits from strong neighborhood demographics, steady foot traffic, and long-term stability in a tightly held market.
Unbeatable location within a short distance to Trader Joe’s, Barnes & Noble, and Brooklyn Bridge Park, as well as boutique retail, acclaimed dining, and neighborhood amenities throughout Cobble Hill and Brooklyn Heights.
Residents enjoy a short commute to Manhattan via multiple nearby subway lines and transit options.
Well-maintained and positioned for stable income with long-term upside, this asset presents an excellent opportunity for investors, end-users, or boutique redevelopment strategies subject to Landmarks Preservation Commission (LPC) approvals.
Property Details
Property Type
- Other
Est. Annual Taxes
- $70,900
Year Built
- Built in 1846
Lot Details
- 1,760 Sq Ft Lot
- Lot Dimensions are 22 x 80
- Waterfront
- Back Yard
- Property is zoned R6 C2-3
Home Design
- Brownstone
- Mixed Use
- Flat Roof Shape
- Poured Concrete
- Wood Walls
- Block Wall
- Wood Frame Construction
- Brick Front
Interior Spaces
- 4,708 Sq Ft Home
- 3-Story Property
- Sheet Rock Walls or Ceilings
- Ceiling height of 10 feet or more
- Ceiling height under 8 feet
- Wood Flooring
- Finished Basement
- Basement Cellar
Utilities
- Multiple cooling system units
- Ductless Heating Or Cooling System
- Heating System Uses Gas
- 110 Volts
- Electric Water Heater
Listing and Financial Details
- Tax Block 286
Community Details
Overview
- 3 Units
Building Details
- 2 Vacant Units
- Fuel Expense $6,000
- Insurance Expense $7,000
- Utility Expense $2,000
- Gross Income $400,000
- Net Operating Income $380,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $65,162 | $1,149,300 | $240,750 | $908,550 |
| 2025 | $61,412 | $957,600 | $240,750 | $716,850 |
| 2024 | $61,412 | $798,120 | $240,750 | $557,370 |
| 2023 | $60,345 | $665,100 | $240,750 | $424,350 |
| 2022 | $57,375 | $822,600 | $240,750 | $581,850 |
| 2021 | $53,125 | $967,500 | $240,750 | $726,750 |
| 2019 | $47,259 | $920,700 | $240,750 | $679,950 |
| 2018 | $48,047 | $371,293 | $116,505 | $254,788 |
| 2017 | $45,761 | $359,784 | $130,853 | $228,931 |
| 2016 | $42,948 | $333,134 | $133,503 | $199,631 |
| 2015 | $18,588 | $308,458 | $126,262 | $182,196 |
| 2014 | $18,588 | $290,663 | $97,863 | $192,800 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2026 08/26/26 | Price Changed | $5,900,000 | -1.7% | $1,253 / Sq Ft |
| 08/08/2026 08/08/26 | Price Changed | $6,000,000 | -7.7% | $1,274 / Sq Ft |
| 06/23/2026 06/23/26 | For Sale | $6,500,000 | -- | $1,381 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 502540
APN: 00286-0013
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