2825 Atlantic Avenue
Brooklyn, NY 11207
Cross street:Hendrix Street

Building

Type:Apartment
Era:Post-war
Floors:2

Property

Ownership: Mixed Use
Rooms: 10
Bedrooms: Studio
Pets: Pets Unknown

Financials

Price:$2,995,000
Real estate tax:$13,032
Listing Courtesy of Compass

Prime Development Opportunity 50 Frontage on Atlantic Avenue in Brooklyn 2825 2827 Atlantic Avenue are two adjoining buildings built currently as 2 story mixed use buildings and includes a connected ...

Description

Prime Development Opportunity – 50’ Frontage on Atlantic Avenue in Brooklyn 2825-2827 Atlantic Avenue are two adjoining buildings built currently as 2-story mixed use buildings and includes a connected parcel allowing direct access to Schenck Avenue. These properties offer an exceptional investment opportunity to acquire two adjacent, vacant buildings, ideal for redevelopment with substantial upside potential in one of Brooklyn’s most active, high-growth corridors. Located directly on Atlantic Avenue, this property offers 50 feet of frontage with an additional lot at 170 Schenck Avenue offering valuable space and access to the rear of the buildings, and is positioned within highly favorable zoning overlays that support a wide range of development options and incentives. Zoning: Districts: R8A, R5B, C2-4, EC-5 Residential FAR: 6.02 Facility FAR: 6.5 As-Built FAR: 0.49 Maximum Buildable Area: Approx. 37,776 SF+ *All zoning and square footage should be independently verified. Incentive Zones: Mandatory Inclusionary Housing (MIH) Transit Zone FRESH Program Zone (Food Retail Expansion to Support Health) Key Highlights: Delivered vacant and shovel-ready Strong residential and mixed-use development potential High visibility and access along a major Brooklyn corridor Close proximity to public transit, amenities, and major thoroughfares Ideal for developers seeking scale and zoning flexibility in a rapidly developing area. All zoning and buildable square footage should be independently verified.

Amenities

  • Elevator

Neighborhood

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RLS Data display by Nest Seekers LLC.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.