OFF MARKET
2531 Atlantic Ave
Brooklyn, NY 11207
East New York- 10 Beds
- 5 Baths
- 3,600 sqft
- 10 Beds
- 5 Baths
- 3,600 sqft
10 Beds
5 Baths
3,600 sqft
Homes for Sale Near 2531 Atlantic Ave
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Local Information
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Description
This property is not currently for sale or for rent on Trulia. The description and property data below may have been provided by a third party, the homeowner or public records.
PROPERTY NEEDS A FULL GUT RENOVATION
Extra large, 27 feet wide, Investor special, vacant and ready for rehab. Near LIRR and broadway junction train station and future stop of the interboro express train line.
Plans were approved for 5BR/2BA over 5BR/2BA over commercial. Can be full commercial, zoning M1, current residential use grandfathered in. There's a permit for an advertising sign on the side wall for additional income.
Conservatively projected rent of $12,000/month, $144,000/yr + $10,000 advertising, NOI over $120,000. Taxes very low. Estimated rehab cost of $250-300k, great investment.
Major development coming across the street, 600+ apartments and 850,000 square feet of office. Additional building with 120+ apartments being built a few blocks away, the area is about to boom!
No brokers please
Extra large, 27 feet wide, Investor special, vacant and ready for rehab. Near LIRR and broadway junction train station and future stop of the interboro express train line.
Plans were approved for 5BR/2BA over 5BR/2BA over commercial. Can be full commercial, zoning M1, current residential use grandfathered in. There's a permit for an advertising sign on the side wall for additional income.
Conservatively projected rent of $12,000/month, $144,000/yr + $10,000 advertising, NOI over $120,000. Taxes very low. Estimated rehab cost of $250-300k, great investment.
Major development coming across the street, 600+ apartments and 850,000 square feet of office. Additional building with 120+ apartments being built a few blocks away, the area is about to boom!
No brokers please
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 2531 Atlantic Ave
Interior Features |
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Interior Details Basement |
Levels, Entrance, & Accessibility Stories: 3 |
Fireplace & Spa Fireplace |
Property Information |
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Year Built Year Built: 1910Year Updated: 1910 |
Property Type / Style Property Type: Multi Family |
Exterior Features |
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Exterior Home Features Exterior: Brick |
Community |
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Units in Building: 3 |
Lot Information |
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Lot Area: 1742 sqft |
Price History for 2531 Atlantic Ave
Date | Price | Event | Source |
---|---|---|---|
10/01/2023 | $1,100,000 | PriceChange | N/A |
05/21/2023 | $1,195,000 | Listed For Sale | N/A |
02/03/2015 | $300,000 | Sold | N/A |
10/27/2014 | $300,000 | Sold | N/A |
08/13/2014 | $400,000 | PriceChange | Agent Provided |
07/13/2014 | $375,000 | PriceChange | Agent Provided |
05/13/2014 | $400,000 | PriceChange | Agent Provided |
05/05/2014 | $375,000 | Listed For Sale | Agent Provided |
09/20/2013 | $225,000 | Sold | N/A |
03/14/2010 | $417,482 | Sold | N/A |
04/03/2006 | $410,000 | Sold | N/A |
Property Taxes and Assessment
Year | 2023 |
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Tax | |
Assessment | $1,079,000 |
Home facts updated by county records
Comparable Sales for 2531 Atlantic Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
0.32 | Multi-Family Home | $1,340,000 | 10/18/23 | 10 | 4 | - | |
0.39 | Multi-Family Home | $1,050,000 | 07/03/23 | 9 | 3 | 3,645 | |
0.28 | Multi-Family Home | $355,500 | 05/31/23 | 4 | 3 | 1,720 | |
0.47 | Multi-Family Home | $1,124,000 | 08/10/23 | 9 | 3 | 2,649 | |
0.41 | Multi-Family Home | $500 | 07/27/23 | 10 | 4 | 4,095 | |
0.39 | Multi-Family Home | $1,100,000 | 09/06/23 | 6 | 4 | 2,400 | |
0.49 | Multi-Family Home | $760,000 | 02/26/24 | 6 | 3 | 2,898 | |
0.53 | Multi-Family Home | $915,000 | 03/20/24 | 8 | 3 | 2,250 | |
0.54 | Multi-Family Home | $1,095,000 | 08/08/23 | 7 | 6 | 3,572 | |
0.52 | Multi-Family Home | $675,000 | 07/31/23 | 5 | 4 | 2,167 |
Assigned Schools
These are the assigned schools for 2531 Atlantic Ave.
- East New York Family Academy
- 6-12
- Public
- 554 Students
7/10GreatSchools RatingParent Rating Averagethis is an awful school except the principal hes very nice and lets us do gymnastics outside during recess bu I don't like the assistant principal hes old mean and grumpy I dont like the social studies teacher she is old and grumpy on the other hand the other teachers like art science music math and advisoryParent Review9y ago - Ps 290 Juan Morel Campos
- PK-5
- Public
- 384 Students
4/10GreatSchools RatingParent Rating AverageI would not recommend this school to any family who want their child to learn and develop educational skill. This was my first year my child attended this and I had a horrible experience and so did my child. I was very disappointed in the Curriculum they taught my child. The teacher lie on your child and the people who work in main office do not know how to answer simple question without giving you the run around. If your child get sick from someone in their class who have Covid 19 there no clear instructions for parents. I could go on and on. No child should have to attend a school that is completely inadequate. If you want a better education for your child do your research and find a better school for your child. I know sometimes it is not easy for parents but your child deserves better.Parent Review1y ago - Vista Academy
- 6-8
- Public
- 476 Students
7/10GreatSchools RatingParent Rating AverageI graduated from this school in 2017, and I can say that Vista Academy prepared me academically and helped me grow and develop my character and aspirations through daily morning meetings and ‘Decision Making Periods’ where students can engage with classmate and learn sensitive, vulnerable topics in order to invoke passions. This school has an abundance of fun trips and had spirit days of free services in order to install inclusion and school pride. This school is a great school for building character, receiving opportunities, and preparing a student academically for highschool and higher education.Parent Review2y ago - Liberty Avenue Middle School
- 6-8
- Public
- 535 Students
5/10GreatSchools RatingParent Rating AverageTeachers teach very well and the students are nice, friendly, well behavedParent Review1y ago - Check out schools near 2531 Atlantic Ave.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about East New York
- Jocelyn C
- Resident
- 2d ago
"People are dog friendly meaning no one is really scared of dogs but people don’t curve their dogs so your dog might eat another dog’s poop."
- Wellington_diaz
- Resident
- 1mo ago
"Not a good place to raise your kids. High crime, noisy and too many people in the way. Home prices are too high for a place with little to offer. "
- Shellzwilliam76
- Prev. Resident
- 2mo ago
"Please get rid of the rats and roaches before renting this property. This property may look nice but there are a lot of hidden surprises you will only experience by living in this property. "
- Maria Perez
- Resident
- 2mo ago
"Some areas are very safe. Many places in the area are full of caring neighbors. There’s also lively with different types of culture and music. "
- Trulia User
- Resident
- 5mo ago
"The community diversity I lived here for two years and u can’t classify this neighborhood by any race and we all treat eachother with respect "
- Trulia User
- Resident
- 5mo ago
"It’s more of a neighborhood for older folks not really suitable for young, lively people. It’s not too bad but it’s not my vibe "
- Trulia User
- Resident
- 5mo ago
"train access is close to my home but there are limited options. There are also busses that can be used for transportation."
- Trulia User
- Resident
- 6mo ago
"I love this neighborhood. It is a great community for families. Love the access to shopping for all needs close by. "
- Trulia User
- Prev. Resident
- 7mo ago
"i use to live in the neighborhood i like itit easy to get to the store or train i grown up on hinsdale the neighnor are very frirndly i know ill be okay thetr"
- Trulia User
- Resident
- 7mo ago
"I have lived in this neighborhood for 20+ years! The Block Parties were among 1st community event. The Old-Timers’ Celebration, cookout, music groups from the ‘70’s & ‘80’s. A chance to see neighbors I haven’t seen in years!!"
- Trulia User
- Visitor
- 8mo ago
"Horrible not friendly dirty not livable basically a big dump doesn’t feel like home. Not for anyone who wants a basic quality of life"
- Trulia User
- Prev. Resident
- 8mo ago
"basketball tournament's and alot of community events. Parks are great for the kids would not mind at all buying a place in this neighborhood in the future "
- Trulia User
- Resident
- 8mo ago
"almost all the people in the area are Hispanic people and I like it because and I like living in this area because it looks safe and there are also many stores where you can go shopping"
- Trulia User
- Resident
- 9mo ago
"Local park available. For you to walk your dog. But there are not seclusion for the dogs so they must be kept on their lead at all times. "
- Trulia User
- Resident
- 9mo ago
"It’s commute is very easy. n grain and bus are around the area. It’s always very busy. A few buses and only one train which is the J train. "
- Trulia User
- Resident
- 10mo ago
"They have a dog park on the south conduit. Plenty of different breeds to see walk around. Dogs seem more friendly than the humans most times lol"
- Trulia User
- Resident
- 11mo ago
"highland Park Logan Park a mix variety of people Spanish Africans caucasians Asians very diverse community"
- Trulia User
- Resident
- 1y ago
"my commute is very short and my fast. everything is close together. I like living out here better than the Bronxs. I like my commute. I live next to the train that's the best. The shopping area next to trains is a plus."
- Trulia User
- Resident
- 1y ago
"A or C train to Manhattan is easy. Able to get to manhattan in 30-40 mins. Getting to gateway mall is also amazing for shopping. "
- Trulia User
- Resident
- 1y ago
"Very convenient A:C train just around the corner 3 train up the block on liviona area is very transportable buses on Pennsylvania Ave that will get you anywhere "
- Trulia User
- Resident
- 1y ago
"it's easy to remember everything is connected together. the trains I found easier and faster. it gets pretty busy during rush hours. "
- Trulia User
- Resident
- 1y ago
"Family day once a year in the summer everyone comes for the neighborhood and enjoy food and music dancing with the elderly and young children it’s a beautiful time "
- Trulia User
- Prev. Resident
- 1y ago
"It’s a good area too live and commute in and the transportation is very well timed and very good also the diversity in the area is very friendly "
- Trulia User
- Prev. Resident
- 1y ago
"It’s Very Well Mixed Races and Very Well Friendly I Would Definitely recommend people to live here because of its diversity "
- Trulia User
- Resident
- 1y ago
"All of my neighbors are very friendly and look out for each other's well-being. Our community is child safe and children can play outside any hour of the day or night."
- Trulia User
- Resident
- 1y ago
"The transportation the train every bus down the block from me. Time for me to start my retirement life this isn't good for me any more"
- Trulia User
- Resident
- 1y ago
"I have family in the Neighborhood. It's under served. Not enough community based activities; for young adults and the elderly."
- Trulia User
- Resident
- 1y ago
"they have parks and you can walk your dog without a problem I feel it very safe and there's a lot of people willing to help people around the neighborhood if they kind of messed up a little bit I'll walk there hungry"
- Trulia User
- Visitor
- 1y ago
"What makes the neighborhood unique is it’s diverseness. We see a multitude of cultures surrounding the neighborhood. Some supermarkets have a unique choice of food items, and include a lot of Caribbean items you might not find in gentrified communities. "
- Trulia User
- Resident
- 1y ago
"A safe community to live in and create memories with family and friends but East New York is Not A safe area."
- Trulia User
- Resident
- 1y ago
"My neighborhood has everything you need. From fresh fruits at the supermarket to great options of pizza spots"
- Trulia User
- Visitor
- 1y ago
"I've been here for about 2 months almost. A lot of adults are mean no respect or real motivation. people just literally walking around looking for problems to start with just anyone. I though the Bronx was Bad. I need to get out of here soon. but I am trying to adjust well since I have to live here now temporarily. only met 1 Nice girl and her family. A side from that it's just a lot of people strung out on drugs and alcohol..so many churches near here and it's sad to see how this environment is."
- Trulia User
- Visitor
- 1y ago
"I don’t know there are lots of other dogs so it’ll be fun for the dog to know other dogs. Lots of people seem to have their dogs trained pretty well and store owners don’t seem to kind them coming in with you real quick. "
- Trulia User
- Resident
- 1y ago
"It's not safe to raise kids. It's not safe to be outside at night or late at night. The neighborhood is surrounded with cops . "
- Trulia User
- Resident
- 2y ago
"Highland Park is the best park nearby. There's age appropriate playgrounds. Also, neighborhood sports participation is always up."
- Trulia User
- Resident
- 2y ago
"It’s a growing community that has ascended in the last 20 years with housing and businesses. More transportation and luxurious style apartments "
- kathleen moise
- Prev. Resident
- 2y ago
"i grew up here and its very diverse, everything you could need locally is definitely within this neighborhood. from a mega outlet mall, cinema, multiple shopping areas, parks, schools, churches, restaurants, public transportation, etc."
- Trulia User
- Resident
- 2y ago
"There are beautiful parks and bike and running trails nearby. Most blocks have private one family homes on tree lined streets"
- Trulia User
- Resident
- 2y ago
"diversity, convenient stores , transportation local, everything is walking distance. Neighbors lookout for each other "
- Trulia User
- Resident
- 2y ago
"I've lived here for 19+ years and it's becoming very insecure. There are new buildings that is making the area look very crowed, dark, can't find parking anywhere. The few parks I don't considered kids friendly, people smoking weed all the time very freely. "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Homes for Rent Near 2531 Atlantic Ave
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Off Market Homes Near 2531 Atlantic Ave
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- ERA/Top Service Realty Inc
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2531 Atlantic Ave, Brooklyn, NY 11207 is a 10 bedroom, 5 bathroom, 3,600 sqft multi-family built in 1910. 2531 Atlantic Ave is located in East New York, Brooklyn. This property is not currently available for sale. 2531 Atlantic Ave was last sold on Feb 3, 2015 for $300,000. The current Trulia Estimate for 2531 Atlantic Ave is $1,073,100.