547 Atlantic Avenue lot 49, Brooklyn, NY 11217
- 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
Listing agent Mari Mineh (917) 449-3902
Listing office GW Realty Inc. 1634 E 29th Street, Brooklyn, NY (917) 449-3902
Listing date Jun 8, 2026
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
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.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.979263
- Latitude
- 40.684986