547 Atlantic Ave, Brooklyn, NY 11217

Building Details

Year Built

1900

Listing office GW Realty, LLC h***@icloud.com Show Phone

Listing date Jun 16, 2026

Source Elliman

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Overview

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.

Suggested Use

Auto Parts Store Nursing Home Nursing Home Carpet & Flooring Store Adult Day Care Pet Grooming Service Tanning Salon Home Appliance Store Clothing & Fashion Store Butcher

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Brooklyn

County

Kings

State

New York

Longitude

-73.979391

Latitude

40.684747

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FAQs

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