1029 Atlantic Ave Brooklyn, NY

Located at the intersection of Clinton Hill, Bed Stuy, and Prospect Heights in Brooklyn, New York, the property at 1029 – 1039 Atlantic Avenue consists of a combined 15,704 SF lot. It features 130 feet of frontage along Atlantic Avenue and 141,650 zoning square feet under the City of Yes / UAP programs. The site is located in the newly rezoned Prospect Heights submarket of Brooklyn, offering residents access to neighborhood amenities and New York City’s major employment centers. It is adjacent to some of Brooklyn’s most sought-after neighborhoods. Residents have quick access to the main retail and shopping corridors and are just a 5-minute walk to the Franklin Avenue MTA C & S trains, providing access to both Manhattan and Downtown Brooklyn in 20 minutes. The property lies within the Atlantic Avenue Mixed-Use Plan (AAMUP), a community-driven rezoning initiative that seeks to transform the greater Atlantic Avenue corridor into a vibrant, mixed-use community supporting new housing and bolstering street safety and connectivity. AAMUP spans approximately thirteen blocks of Atlantic Avenue and blocks to the south along Pacific, Dean, and Bergen streets between Grand Avenue and Franklin Avenue. The site offers an opportunity to acquire and develop a housing project in an established community in need of new development.