Atlantic Avenue Portfolio

The Atlantic Avenue Portfolio presents a compelling investment opportunity comprising two strategically located properties in Brooklyn. The centerpiece is 1281 Atlantic Avenue, a 34,681-square-foot lot with 138,377 ZFA, currently housing 33 residential tenants and slated for an ambitious two-building redevelopment totaling 177,617 gross square feet. Complementing this is 32 New York Avenue, a 7,800-square-foot vacant lot with 15,600 ZFA, currently used for parking and ready for immediate development. Both sites benefit from the recent Atlantic Avenue Rezoning, enhancing their development potential. The portfolio's prime location, just 0.1 miles from the Nostrand Avenue Subway Station serving the A and C lines, ensures excellent connectivity and positions these properties for significant value appreciation on Atlantic Avenue's evolving real estate landscape.