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.