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7,395 SF Commercial Building 2465 Atlantic Ave 2,465 SF 100% Leased Industrial Building Brooklyn, NY 11207 $2,750,000 ($1,115.62/SF)
Investment Highlights
- Highly Visible Corner Location
- 7,395 SF Commercial Building
- Positioned Near the Herkimer-Williams 2 Acre Rezoning Area
- Direct Access to Broadway Junction Transit Hub & LIRR
- 1st Floor Ceiling Height: 13’4” (Deck), 12’3” (Beam)
Executive Summary
TerraCRG is pleased to exclusively represent ownership in the sale of 2465 Atlantic Avenue, a highly visible commercial property strategically positioned at the intersection of Atlantic Avenue and Van Sinderen Avenue in East New York, Brooklyn. Located directly adjacent to Broadway Junction, one of New York City's most significant transportation hubs, the property benefits from direct access to the A, C, J, Z, and L subway lines, as well as the Long Island Rail Road (LIRR). Commuters can reach Downtown Brooklyn in approximately 15 minutes and Lower Manhattan in approximately 20 minutes.
The property consists of a three-story, approximately 7,395-square-foot commercial building. With potential to be delivered vacant, the asset presents investors, owner-users, and developers with immediate flexibility to reposition, occupy, or redevelop the property. While the property does not have any available air rights, it is situated within a C6-4 zoning district (R10 equivalent), providing a unique opportunity for a residential conversion or mixed-use redevelopment.
2465 Atlantic Avenue is ideally situated within the rapidly evolving Broadway Junction district and in close proximity to the transformative Herkimer-Williams rezoning area. This major public-private initiative is expected to reshape the surrounding neighborhood through the redevelopment of approximately two acres of underutilized industrial land into nearly 1,000 affordable housing units, new retail space, community facilities, and public infrastructure improvements.
As one of New York City's most significant transit-oriented redevelopment corridors, Broadway Junction continues to attract substantial public investment and private development activity. The combination of premier transit connectivity, favorable zoning, strong visibility, and positioning within a rapidly growing mixed-use district creates a compelling opportunity to acquire a well-located asset with significant long-term upside in one of Brooklyn's emerging growth markets.
The property consists of a three-story, approximately 7,395-square-foot commercial building. With potential to be delivered vacant, the asset presents investors, owner-users, and developers with immediate flexibility to reposition, occupy, or redevelop the property. While the property does not have any available air rights, it is situated within a C6-4 zoning district (R10 equivalent), providing a unique opportunity for a residential conversion or mixed-use redevelopment.
2465 Atlantic Avenue is ideally situated within the rapidly evolving Broadway Junction district and in close proximity to the transformative Herkimer-Williams rezoning area. This major public-private initiative is expected to reshape the surrounding neighborhood through the redevelopment of approximately two acres of underutilized industrial land into nearly 1,000 affordable housing units, new retail space, community facilities, and public infrastructure improvements.
As one of New York City's most significant transit-oriented redevelopment corridors, Broadway Junction continues to attract substantial public investment and private development activity. The combination of premier transit connectivity, favorable zoning, strong visibility, and positioning within a rapidly growing mixed-use district creates a compelling opportunity to acquire a well-located asset with significant long-term upside in one of Brooklyn's emerging growth markets.
Property Facts
| Price | $2,750,000 | Lot Size | 0.06 AC |
| Price Per SF | $1,115.62 | Rentable Building Area | 2,465 SF |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Industrial | Year Built | 1901 |
| Property Subtype | Warehouse | Clear Ceiling Height | 13’4” |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | C6-4 / R10 Equivalent | ||
| Price | $2,750,000 |
| Price Per SF | $1,115.62 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.06 AC |
| Rentable Building Area | 2,465 SF |
| No. Stories | 3 |
| Year Built | 1901 |
| Clear Ceiling Height | 13’4” |
| Opportunity Zone |
Yes |
| Zoning | C6-4 / R10 Equivalent |
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Very walkable
80/100
Challenging for drivers
10/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 01576-0034 | Improvements Assessment | $346,950 |
| Land Assessment | $20,250 | Total Assessment | $367,200 |
Property Taxes
Parcel Number
01576-0034
Land Assessment
$20,250
Improvements Assessment
$346,950
Total Assessment
$367,200
(718) 768-6888
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