Unique prime development opportunity at 545 Atlantic Avenue, ideally located in the heart of Brooklyn’s Boerum Hill / Downtown Brooklyn corridor. The property may also be acquired with adjacent 547 and 549 Atlantic Avenue, offering a rare assemblage opportunity in a rapidly evolving submarket.
Situated within the Downtown Brooklyn Special District (R7A/C2-4), the site provides exceptional zoning efficiency with 4.0 FAR, 80% lot coverage, and allowable building heights up to 85 feet, supporting a highly efficient mixed-use development program.
The location benefits from immediate proximity to major neighborhood anchors including Barclays Center and Atlantic Terminal, as well as direct access to multiple lines of the New York City Subway, providing outstanding regional connectivity and consistent pedestrian activity.
Surrounded by dense residential development and ongoing commercial investment, the site is well suited for a boutique, luxury mixed-use project incorporating residential units, ground-floor retail, and potential parking components. Positioned within one of Brooklyn’s most dynamic growth corridors, the property offers strong long-term appreciation potential and compelling development fundamentals.
Unique prime development opportunity at 545 Atlantic Avenue, ideally located in the heart of Brooklyn’s Boerum Hill / Downtown Brooklyn corridor. The property may also be acquired with adjacent 547 and 549 Atlantic Avenue, offering a rare assemblage opportunity in a rapidly evolving submarket.
Situated within the Downtown Brooklyn Special District (R7A/C2-4), the site provides exceptional zoning efficiency with 4.0 FAR, 80% lot coverage, and allowable building heights up to 85 feet, supporting a highly efficient mixed-use development program.
The location benefits from immediate proximity to major neighborhood anchors including Barclays Center and Atlantic Terminal, as well as direct access to multiple lines of the New York City Subway, providing outstanding regional connectivity and consistent pedestrian activity.
Surrounded by dense residential development and ongoing commercial investment, the site is well suited for a boutique, luxury mixed-use project incorporating residential units, ground-floor retail, and potential parking components. Positioned within one of Brooklyn’s most dynamic growth corridors, the property offers strong long-term appreciation potential and compelling development fundamentals.
Listing Courtesy of GW Realty Inc.