Various locations

Atlantic Avenue Portfolio

投资组合描述

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.

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属性

土地总面积

3,947 平方米

建筑物数量

分区

R7X/C4-5X & R6B

Atlantic Avenue Portfolio (2个物业)

媒体

投资亮点

1281 Atlantic Avenue is a 34,681-square-foot lot that carries 138,377 ZFA after the Atlantic Avenue Rezoning. Currently, the site is currently occupied by 33 residential tenants. There are plans for a two-building, 177,617-gross-square-foot redevelopment. The Properties are located only 0.1 miles from the Nostrand Avenue Subway Station, which provides access to the A and C subway lines.

32 New York Avenue is a 7,800-square-foot lot that carries 15,600 ZFA after the Atlantic Avenue Rezoning. Currently, the site is utilized for parking and will be delivered vacant. The Site is well served by public transportation, located only 0.1 miles from the Nostrand Avenue subway station, which provides access to the A and C subway lines.