545 Atlantic AVE, Brooklyn, NY 11217
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$7,000,000
Est. payment /mo
2,400 SqFt
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Key Details

Property Type Mixed Use

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $2,916

MLS Listing ID 502021

Year Built 1920

Annual Tax Amount $7,924

Property Sub-Type Mixed Use

Property Description

Unique prime development opportunity at 545 Atlantic Avenue, ideally located in the heart of Brooklyn's Boerum Hill / Downtown Brooklyn corridor. The property may also be acquired with adjacent 547 and 549 Atlantic Avenue, offering a rare assemblage opportunity in a rapidly evolving submarket.

Situated within the Downtown Brooklyn Special District (R7A/C2-4), the site provides exceptional zoning efficiency with 4.0 FAR, 80% lot coverage, and allowable building heights up to 85 feet, supporting a highly efficient mixed-use development program.

The location benefits from immediate proximity to major neighborhood anchors including Barclays Center and Atlantic Terminal, as well as direct access to multiple lines of the New York City Subway, providing outstanding regional connectivity and consistent pedestrian activity.

Surrounded by dense residential development and ongoing commercial investment, the site is well suited for a boutique, luxury mixed-use project incorporating residential units, ground-floor retail, and potential parking components. Positioned within one of Brooklyn's most dynamic growth corridors, the property offers strong long-term appreciation potential and compelling development fundamentals.

Location

State NY

County Kings (brooklyn)

Area Boerum Hill

Zoning R7A

Rooms

Basement Cellar

Interior

Interior Features Window Display

Hot Water None

Heating None

Flooring Hardwood

Equipment Equipment Included: No equipment or personal property included in the sale. Property conveyed in as-is condition, subject to items permanently affixed to the building.

Heat Source None

Exterior

Exterior Feature Brick

Roof Type Asphalt/Tar,Flat

Building

Story 3

Foundation Block

Others

Energy Description None

Financing 1031 Exchange,Bank Mortgage,Cash


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Listed by GW Realty Inc.

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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