547 Atlantic Avenue lot 49, Brooklyn, NY 11217

Building Details

Year built

1900

Floors in Building

3

Listing agent Mari Mineh Show Phone

Listing office GW Realty Inc. b***@aol.com 1634 E 29th Street, Brooklyn, NY Show Phone

Listing date Jun 8, 2026

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MLS# 502110 Listing URL

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

The offering is a development land assemblage at 545-549 Atlantic Avenue, Brooklyn, NY 11217, totaling 0.124 acres and approximately 7,590 square feet as provided. The property is positioned in the R7A/DB C2-4 zoning district and is described as supporting approximately 21,600 buildable square feet for mixed-use development.

The site is presented as being located in Downtown Brooklyn with strong transit connectivity, described as being moments from the Barclays Center and Atlantic Terminal, with multiple subway lines nearby. The marketing materials also call out Atlantic Avenue frontage.

The proposed development concept outlined for the site is a luxury boutique hotel with integrated retail and parking components, along with a suggested mix of ground-floor retail and a wellness/spa component. The materials further describe an optional rooftop lounge or event space and a program that contemplates 55 to 75 keys, with revenue modeled across hotel room revenue, retail rent, parking revenue, and food and beverage and wellness/event-related income streams. Buyers are advised to conduct their own due diligence regarding zoning and development potential.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Brooklyn

County

Kings

State

New York

Longitude

-73.979263

Latitude

40.684986

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FAQs

What type of property is this?

Hotel - Assemblage on Atlantic Avenue with R7A/C2-4 zoning and approximately 21,600 buildable square feet for mixed-use concepts.

Where is this hotel located?

The property is located at 547 Atlantic Avenue lot 49 Brooklyn, NY.

What is the asking price?

The asking price for this property is $19,900,000.

What are key features of this property?

This property features: Assemblage at 545‑549 Atlantic Avenue in Downtown Brooklyn, built in 1900; Zoned R7A/C2‑4 with approximately 21,600 buildable square feet for mixed‑use development; Adjacent to Barclays Center and Atlantic Terminal, with multiple subway lines nearby