5
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Listing Courtesy of Compass
$2,995,000
Est. payment /mo
6 Beds
4 Baths
3,080 SqFt
New
2825 Atlantic Avenue Brooklyn, NY 11207
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,080 sqft
Price per Sqft $972
Subdivision Highland Park
MLS Listing ID RLS20054090
Bedrooms 6
HOA Y/N Yes
Year Built 1920
Annual Tax Amount $13,032
Property Sub-Type Single Family Residence
Property 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.
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.
Location
State NY
County Kings
Interior
Furnishings Unfurnished
Fireplace No
Laundry See Remarks
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
View Y/N No
Private Pool No
Building
Dwelling Type Mixed Use
Story 2
New Construction No
Others
Ownership None
Monthly Total Fees $1, 086
Pets Allowed Building No, No
RLS Data display by Manhattan Miami Real Estate
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