This Land Property is no longer advertised on LoopNet.com.

286 Atlantic Ave
Brooklyn, NY 11201
Land For Sale · 0.04 AC

Investment Highlights

  • Approved Plans: DOB approved plans for a 6,797 gross SF condo project (available in data room).
  • Delivered Vacant: The property will be 100% vacant at closing and there is not cost for demolition.
  • Accessibility: Perfectly located within blocks of the 2/3/4/5/A/C/F/G/B/Q/R trains and a ¼ mile to BQE.
  • Profitability: Condo sellouts projected to be $7.5M+ at very attainable per-unit pricing. Average sellout for Boreum Hill is $1,550.
  • Air Rights Transfer: A zoning lot merger with the neighbor allows for more density and a wider floor plate above 4 Floors.
  • Central Location: Atlantic Terminal and the Barclays Center are within ¾ of a mile to the east, Brooklyn Bridge Park is roughly ½ a mile to the west.

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Single Family Residence
Total Lot Size 0.04 AC
Zoning R6A/C2-4/DB - Residence District zoning

Property Taxes

Property Taxes

Parcel Number
00181-0023
Land Assessment
$311,850
Improvements Assessment
$0
Total Assessment
$311,850
  • Listing ID: 32593866

  • Date on Market: 7/26/2024

  • Last Updated:

  • Address: 286 Atlantic Ave, Brooklyn, NY 11201

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