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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 | Proposed Use |
Commercial
|
| Property Subtype | Commercial | Total Lot Size | 0.04 AC |
| Zoning | R6A - Residence District zoning | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use |
Commercial
|
| Total Lot Size | 0.04 AC |
| Zoning | R6A - Residence District zoning |
Links
Property Taxes
| Parcel Number | 00181-0023 | Improvements Assessment | $0 |
| Land Assessment | $296,100 | Total Assessment | $296,100 |
Property Taxes
Parcel Number
00181-0023
Land Assessment
$296,100
Improvements Assessment
$0
Total Assessment
$296,100
Listing ID: 32593866
Date on Market: 7/26/2024
Last Updated:
Address: 286 Atlantic Ave, Brooklyn, NY 11201
The Boerum Hill Land Property at 286 Atlantic Ave, Brooklyn, NY 11201 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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