R7A/C2-4 Mixed-Use Development
547 Atlantic Ave Brooklyn, NY 11217
For Sale
$17,500,000
Assemblage offers R7A/C2-4 zoning for mixed-use development near major transit and Barclays Center.
Days on Market43
Property Features for 547 Atlantic Ave
General Information
Standard status
Active
Property subtype
Land
Building Details
Year Built
1900
Listing Agency:
GW Realty, LLC
(917) 449-3902
Listed By:
Mari Mineh
(917) 449-3902
Source:
Elliman
Added: Jun 16
Changed: Jul 10
Last Checked: Jul 27 at 5:28AM
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 GW Realty, LLC
Investment Insights
Based on property information with market context.
An assemblage opportunity at 545-549 Atlantic Avenue, totaling approximately 21,600 buildable square feet and located within the R7A/C2-4 zoning district. The offering is presented as a redevelopment site with flexibility for mixed-use concepts, including a proposed boutique hotel program featuring 55 to 75 keys, along with integrated ground-floor retail, a wellness or spa component, and a rooftop lounge or event space.
The site benefits from its Downtown Brooklyn setting and strong transit connectivity, with multiple subway lines providing convenient access. It is positioned just moments from Barclays Center and Atlantic Terminal, supporting a built environment where visitors and business travelers move between events, transit, and local destinations.
For developers and hospitality-focused investors, this land offering provides a centrally located platform for a mixed-use hotel development paired with retail and structured revenue components tied to food and beverage operations, retail leasing, parking, and event or meeting space. Because development potential is subject to approvals and compliance with applicable zoning and regulations, buyers are encouraged to conduct their own due diligence regarding zoning, feasibility, and permitted uses.
The site benefits from its Downtown Brooklyn setting and strong transit connectivity, with multiple subway lines providing convenient access. It is positioned just moments from Barclays Center and Atlantic Terminal, supporting a built environment where visitors and business travelers move between events, transit, and local destinations.
For developers and hospitality-focused investors, this land offering provides a centrally located platform for a mixed-use hotel development paired with retail and structured revenue components tied to food and beverage operations, retail leasing, parking, and event or meeting space. Because development potential is subject to approvals and compliance with applicable zoning and regulations, buyers are encouraged to conduct their own due diligence regarding zoning, feasibility, and permitted uses.
Key Highlights
- Assemblage at 545‑549 Atlantic Avenue in Downtown Brooklyn
- R7A/C2‑4 zoning; approximately 21,600 buildable square feet
- Boutique hotel development concept proposed: 55‑75 keys with ground‑floor retail
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Assemblage offers R7A/C2-4 zoning for mixed-use development near major transit and Barclays Center.
Where is this commercial land located?
The property is located at 547 Atlantic Ave 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; R7A/C2‑4 zoning; approximately 21,600 buildable square feet; Boutique hotel development concept proposed: 55‑75 keys with ground‑floor retail
