Description

Prime Development Opportunity – 50’ Frontage on Atlantic Avenue in Brooklyn

2825-2827 Atlantic Avenue are two adjoining buildings built currently as 2-story mixed use buildings and includes a connected parcel allowing direct access to Schenck Avenue.

These properties offer an exceptional investment opportunity to acquire two adjacent, vacant buildings, ideal for redevelopment with substantial upside potential in one of Brooklyn’s most active, high-growth corridors. Located directly on Atlantic Avenue, this property offers 50 feet of frontage with an additional lot at 170 Schenck Avenue offering valuable space and access to the rear of the buildings, and is positioned within highly favorable zoning overlays that support a wide range of development options and incentives.

Zoning:
Districts: R8A, R5B, C2-4, EC-5
Residential FAR: 6.02
Facility FAR: 6.5
As-Built FAR: 0.49
Maximum Buildable Area: Approx. 37,776 SF+

*All zoning and square footage should be independently verified.

Incentive Zones:
Mandatory Inclusionary Housing (MIH)
Transit Zone
FRESH Program Zone (Food Retail Expansion to Support Health)

Key Highlights:
Delivered vacant and shovel-ready
Strong residential and mixed-use development potential
High visibility and access along a major Brooklyn corridor
Close proximity to public transit, amenities, and major thoroughfares

Ideal for developers seeking scale and zoning flexibility in a rapidly developing area. All zoning and buildable square footage should be independently verified. Listing courtesy of Compass ...
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