Atlantic Ave Corner Mixed Use Building | Brooklyn Heights

121 Atlantic Avenue

Brooklyn Heights

Gross SF 6,524
Alternative Address 311 Henry Street
Residential SF 4,724
Commercial SF 1,800
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Mixed-Use 121 Atlantic Avenue, Brooklyn Heights
Rémi Norris
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Details

Stories 4
Residential Units 5
Commercial Units 2
Total Units 7

Overview

Terracrg is pleased to exclusively represent ownership in the sale of 121 Atlantic Avenue, a fully occupied mixed-use investment property prominently located at the corner of Atlantic Avenue and Henry Street in the heart of Brooklyn Heights, one of New York City's most desirable neighborhoods. The four-story, 6,524-square-foot building consists of seven units, including five free-market residential apartments and two ground-floor commercial spaces occupied by the long-established Italian restaurant Caffé Buon Gusto as well as a deli. The property generates strong in-place cash flow and benefits from tax-class protection, providing investors with stable income and long-term value. Positioned along Atlantic Avenue's vibrant retail corridor, the property benefits from exceptional visibility, strong pedestrian traffic, and immediate proximity to Brooklyn Bridge Park. The property is also within a short walk of multiple subway lines, including the 2, 3, 4, 5, A, C, F, R, with convenient access via Borough Hall, Court Street, High Street, Jay Street–MetroTech, and Clark Street stations, providing seamless connectivity throughout Brooklyn and Manhattan. This offering presents a rare opportunity to acquire a premier mixed-use asset with strong in-place cash flow, durable tenancy, and long-term appreciation potential in one of Brooklyn Heights' most sought-after investment markets.