3144 Atlantic Ave, Unit 3154 Brooklyn, NY 11208-1938
Property profile & analytics
3144 Atlantic Ave, Unit 3154 Brooklyn, NY 11208-1938
- Warehouses
- 32,700 SF
- 0.24 lot acres
Property ID
US63-2749286
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- GM Delivery and Moving / Moving Company
- Mobilia Furniture - The Largest Showroom in NY 145000 Sq Ft / Furniture & Home Goods / Home Decor Store
Property Details for 3144 Atlantic Ave
- Year built
- 1927
- Lot size
- 0.24 lot acres
- Property size
- 32,700 SF
- Zone code
- C44D
- Property type
- Warehouses
- APN
- 03976-0031
- APU
- 39760031
Description
This exceptional redevelopment opportunity presents a 25,638 square foot lot in Brooklyn, NY, featuring a vacant 78,137 square foot, three-story commercial building. Located at 3144-3156 Atlantic Avenue (zip code 11208), this property boasts 462.5 feet of wraparound frontage, including 202 feet of corner frontage on Atlantic Avenue. The asking price is $18,000,000, translating to $230 per existing square foot or $88 per maximum floor area ratio (FAR). The property is zoned C4-4D/R8A (Mandatory Inclusionary Zone), offering a 7.2 FAR with a fresh bonus, resulting in a total of 204,594 buildable square feet. Permitted use groups include 1, 2, 5, 6, 8, 9, 10, and 12. Benefitting from a prime location, the property is one block from the J/Z train at Norwood Avenue, surrounded by national retailers, and within a 10-minute drive of Resorts World Casino and under 15 minutes from JFK Airport. Direct access to the Belt Parkway provides excellent transportation links. This is a rare chance to acquire a substantial property with significant redevelopment potential in a high-growth area of Brooklyn. The property's size, zoning, and location combine to create a compelling investment opportunity for developers seeking to capitalize on the vibrant Brooklyn real estate market.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $11,115,000
- 6.5%
- $10,260,000
- 7%
- $9,525,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.8789
- Latitude
- 40.6793
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$203,220
$189,000
$2,010,150
$2,199,150
-
$420,000
$4,467,000
$4,887,000
