Development Site with Mixed-Use
547 Atlantic Avenue lot 49 Brooklyn, NY 11217
For Sale
$17,500,000
LAND - Brooklyn, NY
Property Size7,590 SF
Lot Size0.12 Acres
Price / SF$2,305
Days on Market51
Property Features for 547 Atlantic Avenue lot 49
General Information
Property type
Land
Property subtype
Other
Zoning
R7A DB C2-
Standard status
Active
Size
7,590 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
24312
Building Details
Year built
1900
Floors in Building
3
Listing Agency:
GW Realty Inc.
(917) 449-3902
Listed By:
Mari Mineh
(917) 449-3902
Added: Jun 8
Changed: Jul 1
Last Checked: Jul 28 at 2:06PM
MLS# 502110
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Investment Insights
Based on property information with market context.
This offering is an assemblage development site at 545–549 Atlantic Avenue, presented as a land opportunity in Downtown Brooklyn. The property is described as supporting approximately 21,600 buildable square feet and is situated within the R7A/C2-4 zoning district. The seller’s concept outlines a mixed-use approach that could include hotel development with integrated retail, wellness or spa components, and parking, along with potential rooftop lounge or event space.
The site is positioned for access to major regional destinations and transportation, with the property located just moments from Barclays Center and Atlantic Terminal, as well as multiple subway lines. The remarks also note Atlantic Avenue frontage and strong transit connectivity.
For hotel developers and mixed-use operators seeking a site tied to event and transit activity, the property’s zoning and the proposed program combination of accommodations, ground floor retail, and wellness-oriented space may align with a boutique hotel strategy. Buyers should conduct their own due diligence regarding zoning and development potential, consistent with the guidance provided in the listing materials.
The site is positioned for access to major regional destinations and transportation, with the property located just moments from Barclays Center and Atlantic Terminal, as well as multiple subway lines. The remarks also note Atlantic Avenue frontage and strong transit connectivity.
For hotel developers and mixed-use operators seeking a site tied to event and transit activity, the property’s zoning and the proposed program combination of accommodations, ground floor retail, and wellness-oriented space may align with a boutique hotel strategy. Buyers should conduct their own due diligence regarding zoning and development potential, consistent with the guidance provided in the listing materials.
Key Highlights
- Assemblage at 545‑549 Atlantic Avenue in Downtown Brooklyn, built in 1900
- Zoned R7A/C2‑4 with approximately 21,600 buildable square feet for mixed‑use development
- Adjacent to Barclays Center and Atlantic Terminal, with multiple subway lines nearby
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Hotel - Assemblage with R7A/C2-4 zoning for mixed-use development near key Downtown Brooklyn transit.
Where is this hotel located?
The property is located at 547 Atlantic Avenue lot 49 Brooklyn, NY.
What is the asking price?
The asking price for this property is $17,500,000.
What are key features of this property?
This property features: Assemblage at 545‑549 Atlantic Avenue in Downtown Brooklyn, built in 1900; Zoned R7A/C2‑4 with approximately 21,600 buildable square feet for mixed‑use development; Adjacent to Barclays Center and Atlantic Terminal, with multiple subway lines nearby
