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Status: Active

2825 Atlantic Avenue, #

East New York

$2,995,000
 |  6 Beds  |  4 Baths  |  3,080SF

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 ...
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Property Details

  • Single Family

Amenities

  • Private Outdoor Space Over60 Sqft
  • Pets: Building No, No

The Neighborhood

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For information on 2825 Atlantic Avenue, # contact:

realtor top real estate agent

Justin Nge

Licensed RE Salesperson

(312) 927-1374

Licensed RE Salesperson
justin@brickandmortar.com
(312) 927-1374

Listing courtesy of Compass
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