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    Hotel-Ready Mixed-Use Development Land Title is generated by Realmo AI

    547 Atlantic Avenue lot 49, Brooklyn, NY 11217

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    For Sale
    $18,955,000

    LAND - Brooklyn, NY

    Property size:
    7,590 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $2,497/SF
    Added:
    Jun 8, 2026
    Days on Market:
    24
    Last Refresh:
    Jul 1 at 5:06 pm

    Property Features for 547 Atlantic Avenue lot 49

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R7A DB C2-
    Standard status
    Active
    Size
    7,590 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Annual Amount
    24312

    Building Details

    Year built
    1900
    Floors in Building
    3

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    Contact an agent
    Mari Mineh

    Listing agent Mari Mineh

    Listing office GW Realty Inc. 1634 E 29th Street, Brooklyn, NY

    Listing date Jun 8, 2026

    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.

    HighLights

    • 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
    • Proposed boutique hotel program: 55‑75 keys with integrated ground‑floor retail and parking components
    • Planned additional revenue streams include retail, parking, food & beverage, wellness/spa, and rooftop lounge or event space
    • Illustrative assumptions provided: ADR $325-$425, 75%-85% occupancy, with potential annual room revenue of $6M-$8M (before ancillary income)

    Overview

    This for-sale development site consists of an assemblage at 545-549 Atlantic Avenue, offering approximately 21,600 buildable square feet under R7A/C2-4 zoning. The property is presented as a hotel development opportunity with integrated ground-floor retail, a wellness or spa component, and a rooftop lounge or event space concept, along with parking as part of the proposed program.

    The parcel is located in Downtown Brooklyn and is described as moments from Barclays Center and Atlantic Terminal, with multiple subway lines nearby. The listing also highlights strong Atlantic Avenue frontage and transit connectivity, key considerations for hospitality and mixed-use redevelopment.

    For tenants and operators, the site’s stated intent centers on a boutique hotel format supported by complementary uses such as retail and wellness, with event and meeting space tied to the rooftop lounge concept. For developers, the asset’s zoning and described buildable capacity support a mixed-use layout that combines hospitality with street-level activation and parking components, subject to buyer due diligence regarding final approvals and development parameters.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    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

    FAQs

    What type of property is this?
    Hotel - Land parcel with Atlantic Avenue frontage, positioned for mixed-use development including hotel, retail, and parking components.
    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 $18,955,000.
    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
    More about this property
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