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Development Land with Flexible Buildout
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1255 Atlantic Ave, Brooklyn, NY 11216

Development site with as-of-right buildable area and potential for additional buildout under City of Yes.

Property Size27,692 SF
Price / SF$139.03
Days on Market56

Property Features for 1255 Atlantic Ave

General Information

Standard status Active
Size 27,692 SF
Property subtype Land
Zoning flexible zoning
Listing Agency: Asset Commercial Realty Group
Listed By: Yuriy Ustoyev · License #NY
Source: Crexi
Added: Jun 18 Changed: Aug 8 Last Checked: Jun 23 at 1:29PM

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 Asset Commercial Realty Group

Investment Insights

Based on property information with market context.

Asset CRG Advisors presents a development opportunity at 1255 Atlantic Avenue in Brooklyn. The property offers 23,043.70 buildable square feet as-of-right and up to 27,692 buildable square feet with City of Yes. The site is described as having flexible zoning, supporting residential or mixed-use development.

The property benefits from excellent frontage along a rapidly developing corridor. It is located just steps from the Nostrand Avenue [A, C] Subway Station, providing access to Downtown Brooklyn and Manhattan.

Overall, the offering is positioned for developers seeking a site with defined as-of-right potential and additional buildout possibilities through City of Yes.

Key Highlights

  • Development site at 1255 Atlantic Avenue, Brooklyn, NY 11216
  • 23,043.70 buildable SF as‑of‑right
  • Up to 27,692 buildable SF with City of Yes

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Real Estate Agency Auto Parts Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,367
Businesses Nearby

Demographics for 11216, NY

61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development site with as-of-right buildable area and potential for additional buildout under City of Yes.
Where is this residential land & home lot located?
The property is located at 1255 Atlantic Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: Development site at 1255 Atlantic Avenue, Brooklyn, NY 11216; 23,043.70 buildable SF as‑of‑right; Up to 27,692 buildable SF with City of Yes
(347) 762-4055 Call to check price and availability
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