545 Atlantic Avenue Brooklyn, NY $ 7,000,000
545 Atlantic Avenue
$ 7,000,000
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545 Atlantic Avenue

Brooklyn, NY, 11217
$ 7,000,000
Bedrooms-- Baths-- Sq 2,400

Monthly Estimate*

$ 43,100

545 Atlantic Avenue, Brooklyn, NY 11217 - Image 1

Commercial Property for sale in Brooklyn, NY

for $7,000,000. This 2,400 square foot building was built in 1920 on a lot size of 0.041322.

Unique prime development opportunity at 545 Atlantic Avenue, ideally located in the heart of Brooklyn’s Boerum Hill / Downtown Brooklyn corridor. The property may also be acquired with adjacent 547 and 549 Atlantic Avenue, offering a rare assemblage opportunity in a rapidly evolving submarket. Situated within the Downtown Brooklyn Special District (R7A/C2-4), the site provides exceptional zoning efficiency with 4.0 FAR, 80% lot coverage, and allowable building heights up to 85 feet, supporting a highly efficient mixed-use development program. The location benefits from immediate proximity to major neighborhood anchors including Barclays Center and Atlantic Terminal, as well as direct access to multiple lines of the New York City Subway, providing outstanding regional connectivity and consistent pedestrian activity. Surrounded by dense residential development and ongoing commercial investment, the site is well suited for a boutique, luxury mixed-use project incorporating residential units, ground-floor retail, and potential parking components. Positioned within one of Brooklyn’s most dynamic growth corridors, the property offers strong long-term appreciation potential and compelling development fundamentals.

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Commercial Active

Price

$ 7,000,000

Property Type

Commercial

Taxes

$ 7,924

Style

Mixed Use

Lot Size

0.041322

Year Built

1920

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

502021

Features
General
Road Frontage 20
Equipment Included Equipment Included: No equipment or personal property included in the sale. Property conveyed in as-is condition subject to items permanently affixed to the building.
Ceiling Height 8-10 Foot
Roof Asphalt/Tar Flat
Zoning R7A
Electric 110 V
Stories Count 3
Property Type Mixed Use
Block 180
Yearly Taxes 7924.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Active
Construction Materials Brick
Cumulative Days on Market 6
MLS Area Boerum Hill
Sub Type Mixed Use
Year Built 1920
City Brooklyn
DOM 6
# Families 2
Public Remarks Unique prime development opportunity at 545 Atlantic Avenue ideally located in the heart of Brooklyn’s Boerum Hill / Downtown Brooklyn corridor. The property may also be acquired with adjacent 547 an
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Interior
Heating Fuel None
Walls Plaster
Flooring Hardwood
Hot Water None
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Exterior
Exterior Brick
Foundation Block
Parking Attrib None
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Gw Realty Inc.

Broker

(934) 642-2055

Phone

Affordability Calculator

$43,761
Per Month
98%
2%
0%
Monthly Principal & Interest
$43,100
Monthly Property Taxes
$660
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2026$7,000,000 Listed Price

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545 Atlantic Avenue, Brooklyn, NY, 11217 is a Commercial Property for sale at $7,000,000 with 2,400 sqft and a lot size of 0.041322. 545 Atlantic Avenue was built in 1920. The property's zip code is 11217 which is in Brooklyn, NY