286 Atlantic Ave Brooklyn, NY 11201-5715

This exceptional 6,800 square foot development site in Boerum Hill, Brooklyn, is offered at $2,400,000 ($350/SF). The property boasts pre-approved Department of Buildings plans for a 6,797 gross square foot condominium project, readily available for review. Projected condo sellouts exceed $7.5 million based on achievable per-unit pricing, aligning with the neighborhood's average of $1,550 per square foot. The site will be entirely vacant upon closing, eliminating demolition costs. A zoning lot merger with an adjacent property unlocks increased density and a larger floor plate above the fourth floor, maximizing development potential. Its prime location offers unparalleled accessibility, situated within blocks of multiple subway lines (2/3/4/5/A/C/F/G/B/Q/R) and a quarter-mile from the Brooklyn-Queens Expressway (BQE). Furthermore, it enjoys proximity to Atlantic Terminal, Barclays Center, and Brooklyn Bridge Park, all within a half-mile radius. Boerum Hill's desirable blend of historic charm, tree-lined streets, diverse culinary options, and a mix of retail establishments completes this compelling investment opportunity. The property is zoned R6A/C2-4.