124 Atlantic Avenue
124 Atlantic Avenue, between Henry and Clinton streets, Brooklyn · Cobble Hill
Cobble Hill, Brooklyn
BBL 3002857501 · BIN 3395982
- Year built
- 1851
- Type
- Historic commercial conversion
- Amenities
- Resident superintendent, courtyard, common roof deck, shared laundry and intercom entry
- Landmark status
- Not an individual landmark; in the Cobble Hill Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
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A Private Pricing Opinion — what your apartment at 124 Atlantic Avenue would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
124 Atlantic Avenue began as the home of Journeay & Burnham, a dry-goods business whose Italianate commercial building dates to 1851. The company left Atlantic Avenue in 1892. A later occupant, the Atlantic-Pacific Chandlery Manufacturing Company, sold ship provisions; its name survives above the storefronts. The upper floors now contain cooperative apartments behind the long commercial façade.
The residential property extends through the block to Pacific Street, with a courtyard between its two buildings. That arrangement creates three distinct settings: Atlantic Avenue frontage, the interior courtyard and Pacific Street frontage. The Atlantic side sits above an active retail corridor; the Pacific side has its own entrance on a residential street.
The ownership structure also deserves attention. Apartments are cooperative shares within residential portions of a larger condominium, commonly called a condop. The retail property forms a separate commercial component. The residential cooperative and the underlying condominium therefore have different responsibilities for the same physical property.
Architecture and unit composition
The Atlantic Avenue building retains the scale of a nineteenth-century commercial loft: broad floor plates, tall window openings and masonry exterior walls. The Pacific Street component is lower. Their separation leaves an open court inside a block otherwise built out along both street fronts.
Apartments include studios, one-bedroom homes and larger layouts. Some use tall ceilings for raised sleeping or storage areas; others place all living space on one level. A sleeping platform changes the use of a room without necessarily adding a separate bedroom. Ceiling height, stair placement and the position of the windows are material differences among these plans.
Renovations have produced both open kitchens and more enclosed arrangements. Some homes have in-unit laundry and central heating and cooling. These installations are apartment features; the building also provides shared laundry on multiple floors. Interiors looking into the courtyard have a different orientation from those with windows directly over Atlantic Avenue.
The shared roof has views toward the harbor, Brooklyn and Manhattan. It provides outdoor space in addition to the ground-level courtyard. Those are common facilities, distinct from any outdoor rights attached to an individual apartment.
Building operations
A resident superintendent supports day-to-day maintenance, and the entry system provides remote visitor access. Recent building work has included the lobby and hallways, windows, intercom and façade. These projects sit within a property whose residential and commercial components share a historic envelope.
The two residential tax lots represent larger ownership components containing many apartments. They do not make this a two-apartment building, and Class 2 has no assessment-growth cap. The commercial portion is separately classified as Class 4. Historic-district protection applies to exterior changes to the designated property.
Policy framework
Pets: Permitted subject to approval — confirm with the managing agent.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $490 per room a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Roof deck, garden, laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
See full Local Law 97 analysis →Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 31, 2026 | A1F | 1 BR · 1.5 BA · 700 sf | $680,000 | $971/sf | -6.2% |
| Aug 21, 2026 | A4H | 1 BR · 1.5 BA | $913,000 | +2.0% | |
| Aug 12, 2026 | A3C | 2 BR · 1 BA | $899,000 | +0.0% | |
| Apr 20, 2026 | A3G | 1 BA · 550 sf | $475,000 | $864/sf | +0.0% |
| Jun 13, 2025 | A2B | 1 BR · 1 BA | $850,000 | +6.9% | |
| Oct 25, 2024 | P2A | 1 BR · 2 BA · 774 sf | $850,000 | $1,098/sf | +0.0% |
| Jun 13, 2023 | A2E | 1 BR · 1 BA | $725,000 | +0.0% | |
| Oct 30, 2020 | A3D | 1 BR · 1 BA | $650,000 | -10.8% |
Market read. Most recent trades (2026 to date) cleared a median $918/sf (recorded) across 2 sales. Median listing discount 0.0% from the last ask.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-00285-7501). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
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What to know if you’re buying
Two assessment schedules affect the current carrying cost. A capital assessment is scheduled through December 31, 2028, and a separate operating assessment runs from April through November 2026 — confirm with the managing agent. An apartment closing after the shorter assessment ends can still carry the longer capital charge.
Comparable buildings
- 214 Clinton Street: A nearby prewar cooperative with a similarly low-rise residential scale.
- 114 Clinton Street: A comparable-sized prewar cooperative with a purpose-built apartment-house form.
- Cobble Heights: A smaller historic cooperative on the same Pacific Street side of Cobble Hill.
- 11 Schermerhorn Street: A prewar cooperative alternative with fewer residences and a taller street wall.
- The Arlington: A similarly sized prewar cooperative in Brooklyn Heights, in a substantially taller building.
More Cobble Hill buildings
- 110 Boerum Place — condominium
- 119 Congress Street — 1852 condominium
- 120 Boerum Place (Skytrack Condominium) — 1920 condominium
- 135 Amity Street — 1880 co-op
- 139 Pacific Street, 139 Pacific Street · Cobble Hill — 1888 co-op
- 159 Baltic Street — 1920 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Cobble Hill.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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646.939.7375 · c.cohen@compass.com