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10 Underhill Ave 0.06 Acres of Commercial Land Offered at $4,250,000 in Brooklyn, NY 11238
Executive Summary
10 Underhill Avenue presents a rare opportunity to develop in the heart of the newly approved Atlantic Avenue Mixed-Use Plan (AAMUP), one of the most impactful rezonings in Central Brooklyn in decades. The City Council’s adoption of AAMUP unlocks approximately 4,600 new residential units, fundamentally transforming a corridor that has been constrained by outdated industrial zoning since 1961. This rezoning introduces higher density, mixed-use development potential along Atlantic Avenue and its side streets, positioning Underhill Avenue squarely within a rapidly evolving residential and commercial growth zone.
Property Facts
1 Lot Available
Lot
| Price | $4,250,000 | Lot Size | 0.06 AC |
| Price Per AC | $77,138,086.25 |
| Price | $4,250,000 |
| Price Per AC | $77,138,086.25 |
| Lot Size | 0.06 AC |
Buildable square footage is 21,648.
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Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (93)
Property Taxes
| Parcel Number | 01122-0037 | Improvements Assessment | $6,210 |
| Land Assessment | $36,900 | Total Assessment | $43,110 |
Property Taxes
Parcel Number
01122-0037
Land Assessment
$36,900
Improvements Assessment
$6,210
Total Assessment
$43,110
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10 Underhill Ave
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