1201 Broadway, Suite 401, NYC 10001 | 212-228-6795|info@bridgepany.com
Completed
$2,650,000

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3047-3051 Atlantic Avenue

Bridge Property Advisors has been exclusively retained to market for sale 3047-3051 Atlantic Avenue, a 34,646 BSF development site located on the corner of Atlantic Avenue and Essex Street in East New York. The site has a footprint of 4,812 SF and is zoned R8A, C2-5. It is located in a Mandatory Inclusionary Housing zone providing a FAR of 7.2 for residential use and 6.5 for community facility use. The property is currently improved by two mixed-use buildings (a two-story and a three-story) and a single-story structure in the rear. The gross square footage of the buildings is 5,720 square feet. The property will be delivered vacant. The offering presents an opportunity to build a mixed-use development with mixed-income residential, commercial or community facility.

Property Overview

Address : 3047-3051 Atlantic Avenue, Brooklyn, NY 11208
Building Class : K4
Lot SF : 4812
Block_Lot : 3957_0053
Lot Dimensions : 50.67' x 100.58'
Building SF : 5720

Zoning

Zoning : R8-A, C2-4, EC-5
FAR : 6.5-7.2
Total Buildable SF : 34,646

Taxes

Assessment : $270,900
Taxes : $28,970
Tax Rate : 10.694%

Attachments

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Brian T. Leary
[email protected] (718) 906-6660
Brian Leary
[email protected] (718) 906-6660
Jidan Kim
[email protected] (718) 906-6662
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