Underhill Avenue Development
10 Underhill Ave, Brooklyn, NY 11238
Development site in rapidly evolving mixed-use corridor.
Type:Land
Lot size:
0.06 Acres- Added:
- Feb 18, 2026
- Days on Market:
- 98
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 10 Underhill Ave
General Information
- Standard status
- Active
- Lot size
- 0.06 Acres
- Property subtype
- Land
Listing agent Andrew Bronsteen License #NY10401314581
Listing office Marcus & Millichap - Manhattan
Listing date Feb 18, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Manhattan
HighLights
- Located within the newly approved Atlantic Avenue Mixed‑Use Plan (AAMUP) rezoning area, allowing for high‑density, mixed‑use development.
- Offers approximately 21,648 buildable SF on a 2,400 SF lot (30' x 80').
- Benefits from over $235 million in committed public investment in the area, including $135 million for Atlantic Avenue redesign and $100 million for park and open‑space improvements.
- Opportunity to be among the first wave of new projects under AAMUP, benefiting from reduced competition.
- Positioned for strong tenant and buyer demand driven by new infrastructure and city‑backed neighborhood transformation.
- Located in a rapidly evolving residential and commercial growth zone.
Overview
This 2,400 square foot lot, measuring 30' x 80', is located on Underhill Avenue and offers a development opportunity within the Atlantic Avenue Mixed-Use Plan (AAMUP). The AAMUP rezoning unlocks approximately 4,600 new residential units, transforming a corridor previously constrained by industrial zoning since 1961. The rezoning introduces higher density, mixed-use development potential along Atlantic Avenue and its side streets. The location is within a rapidly evolving residential and commercial growth zone. The City has committed over $235 million in public investment, including approximately $135 million for a redesign of Atlantic Avenue to enhance pedestrian safety, streetscapes, and mobility, as well as roughly $100 million for park, playground, and open-space improvements. The site offers approximately 21,648 buildable square feet, allowing developers to capitalize on the expanded zoning envelope. This site provides access to one of Brooklyn’s significant upzoning stories, where new homes, jobs, and public investment are converging. This location represents an opportunity to build at the ground floor of Central Brooklyn’s next major mixed-use corridor.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.964927
- Latitude
- 40.680695
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FAQs
What type of property is this?
Commercial land - Development site in rapidly evolving mixed-use corridor.
Where is this commercial land located?
The property is located at 10 Underhill Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Located within the newly approved Atlantic Avenue Mixed‑Use Plan (AAMUP) rezoning area, allowing for high‑density, mixed‑use development.; Offers approximately 21,648 buildable SF on a 2,400 SF lot (30' x 80').; Benefits from over $235 million in committed public investment in the area, including $135 million for Atlantic Avenue redesign and $100 million for park and open‑space improvements.
