Commercial Land with Dual
For Sale
Contact for pricing
Pending
2432 Atlantic Ave, Brooklyn, NY 11233
C4-5D-zoned commercial land currently supporting a multi-tenant commercial use with redevelopment capacity.
Property SizeContact for details
Days on Market147
Property Features for 2432 Atlantic Ave
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
Marcus & Millichap - Manhattan
Listed By:
Matthew Peters · License #NY 10401271961
Source:
Crexi
Added: Apr 11
Changed: Sep 1
Last Checked: Sep 1 at 9:53AM
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
Investment Insights
Based on property information with market context.
This commercial land assemblage combines 2 tax lots totaling 17,551.87 square feet. The site is currently occupied by four commercial tenants, with leases that include 90-day kickout provisions; vacant delivery is available upon request. C4-5D zoning, with an R7D equivalent, places the property within a mandatory inclusionary housing district and supports an FAR of 5.60. The site offers approximately 98,290 buildable square feet as-of-right, including approximately 73,718 buildable square feet of office and retail space.
The property has dual street frontage, with approximately 100 feet along Atlantic Avenue and 105 feet along E New York Avenue. It is located at 2432 Atlantic Avenue in Brooklyn’s Ocean Hill section, within 1 block of Broadway Junction. The transit hub serves 5 train lines, and an LIRR stop is across the street. Additional development incentive designations include Fresh Zone, Transit Zone, and Qualified Opportunity Zone.
The property has dual street frontage, with approximately 100 feet along Atlantic Avenue and 105 feet along E New York Avenue. It is located at 2432 Atlantic Avenue in Brooklyn’s Ocean Hill section, within 1 block of Broadway Junction. The transit hub serves 5 train lines, and an LIRR stop is across the street. Additional development incentive designations include Fresh Zone, Transit Zone, and Qualified Opportunity Zone.
Key Highlights
- 17,551.87‑square‑foot assemblage comprising 2 tax lots
- Approximately 100 feet of Atlantic Avenue frontage and 105 feet on E New York Avenue
- C4‑5D zoning with an R7D equivalent and 5.60 FAR
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,113
Businesses Nearby
144k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Dining 39%
Groceries 14%
Hotels & Casinos 2%
McDonald's
Dining
37,754 visits/mo
0.4 miles
BP
Shops & Services
23,215 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
19,139 visits/mo
0.2 miles
America's Food Basket
Groceries
13,570 visits/mo
0.4 miles
Shell
Shops & Services
8,338 visits/mo
0.3 miles
Demographics for 11233, NY
75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - C4-5D-zoned commercial land currently supporting a multi-tenant commercial use with redevelopment capacity.
Where is this commercial land located?
The property is located at 2432 Atlantic Ave Brooklyn, NY.
What are key features of this property?
This property features: 17,551.87‑square‑foot assemblage comprising 2 tax lots; Approximately 100 feet of Atlantic Avenue frontage and 105 feet on E New York Avenue; C4‑5D zoning with an R7D equivalent and 5.60 FAR
