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3144 Atlantic Ave

78,137 SF Industrial Building Brooklyn, NY 11208 $18,000,000 ($230/SF)

Investment Highlights

  • Asking Price is $18,000,000 or $88 per Max FAR / $230 per Existing SF
  • 25,638 SF lot with a 78,137 SF vacant 3-story commercial building
  • 7.2 FAR (184,594 IH BSF) with Fresh Bonus (20,000 BSF), offers 204,594 total IH BSF
  • 462.5’ of wraparound frontage, with 202’ of corner-to-corner frontage on Atlantic Avenue
  • C4-4D zoning with an R8A Equivalence in a Mandatory Inclusionary Zone
  • Transit Zone and Use Groups 1,2,5,6,8,9,10,12

Executive Summary

Broker of Record
Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Price $18,000,000
Price Per SF $230
Sale Type Investment
Sale Conditions
High Vacancy Property
  • Redevelopment Project
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.59 AC
Rentable Building Area 78,137 SF
No. Stories 3
Year Built 1927
Tenancy Single
No. Drive In / Grade-Level Doors 3
Walk Score ®
Very Walkable (82)
Transit Score ®
Rider's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03976-0031
Land Assessment
$189,000
Improvements Assessment
$2,010,150
Total Assessment
$2,199,150

zoning

Zoning Code C4-4D / R8A
C4-4D / R8A
  • Listing ID: 33536521

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 3144 Atlantic Ave, Brooklyn, NY 11208

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