1255 Atlantic Ave
$4,500,000
1255 Atlantic Ave, Brooklyn, NY 11216
4,952 sqft
Building Size
0.1137 acres
Lot Area
Details:
Highlights:
- Development opportunity in Bedford-Stuyvesant, Brooklyn.
- Property is a mixed zoning with FAR 4.6 for C4-5D and FAR 5.0 for C4-5X.
- Property has 23,587 buildable SF as-of-right and up to 26,172 buildable square feet with City of Yes.
- Property is located in a FRESH Zone.
- Property is located primarily outside of the mandatory inclusionary housing district.
- Includes an existing 4,952 SF commercial building.
- Located on Atlantic Avenue, a rapidly developing corridor.
- Close to Nostrand Ave [A, C] Subway Station and surrounded by residential and mixed-use developments.
Description:
Asset CRG Advisors is pleased to present a development opportunity located at 1255 Atlantic Avenue, Brooklyn, NY 11216.
Situated in the heart of Bedford-Stuyvesant, this property offers 23,587 buildable square feet as-of-right and up to 26,172 buildable square feet with City of Yes, presenting a prime opportunity for residential or mixed-use development. The site benefits from flexible zoning and excellent frontage along a rapidly developing corridor.
Just steps from the Nostrand Avenue [A, C] Subway Station, the property offers seamless access to Downtown Brooklyn and Manhattan. The area is surrounded by new developments, vibrant retail, and strong residential demand, making it ideal for investors and developers looking to capitalize on continued neighborhood growth.
1255 Atlantic Avenue is located in the heart of Bedford-Stuyvesant, Brooklyn, a vibrant and rapidly evolving neighborhood known for its historic brownstones, cultural diversity, and strong sense of community. The property benefits from excellent connectivity, situated near the Nostrand Avenue [A, C] subway station and the LIRR, providing convenient access to Manhattan and other parts of the city. Surrounded by a mix of residential developments, retail corridors, and community amenities, the location offers proximity to local restaurants, cafés, schools, and parks, making it an increasingly attractive area for residents and investors alike.
Location
