Courtesy of: Patrick S. Lennon, RE/MAX Edge, patrick@remaxedgeny.com
Courtesy of: Patrick S. Lennon, RE/MAX Edge, patrick@remaxedgeny.com
$2,499,000
|
Lot: 0.36 Acres
|
|
Other
|
$2,499,000
365 Atlantic Avenue Exceptional 4-lot commercial package featuring three established businesses plus a dedicated 16-space customer parking lot. Includes a 5, 000 sq. ft. catering hall and two store fronts adding up to 2, 500 sq. ft. (Texas Ranger Burger Joint + Pizzeria). Strong tenant stability with the pizzeria newly renewed for 10 years, Texas Ranger with 4 years remaining, and the catering hall secured for almost 8 years. Together, the property produces an approx. NOI of $157, 888, delivering a 5.85% cap rate at a $2.7M list price. Located along the high-visibility Bayview/Atlantic Avenue corridor, this is a turnkey, cash-flowing investment in a strong commercial district.
Courtesy of: Patrick S. Lennon, RE/MAX Edge, patrick@remaxedgeny.com
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.