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… Read More 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. Read Less
Listing Courtesy of: Toni M Nicolo, Compass
Listing Snapshot
Days Online
74
Last Updated
Property Type
SingleFamilyResidence
Beds
6
Full Baths
4
Square Ft.
3,080
Lot Size
0.14 Acres
Year Built
1920
MLS Number
RLS20054090
30 Days Snapshot Of 11207
$1.00M
0%
(avg) sold price
0
-100%
homes sold
Snapshot
Area Map
Additional Details
Building
Entry Level: 1, Living Area Units: SquareFeet, Rooms Total: 10, Structure Type: MixedUse
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by Coldwell Banker Warburg. If you have any questions regarding the accuracy of this data, please contact us at [email protected]. Data updated:
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