Residential Development Site on Atlantic Avenue – East New York

2929 Atlantic Avenue

East New York/Brownsville

$5,000,000

Existing Building SF 15,000 SF
Lot SF 7,643 SF
Total ZFA allowed 55,032 ZFA
Cross Streets Ashford Street + Warwick Street
Subways
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Development 2929 Atlantic Avenue, East New York/Brownsville
Peter Matheos
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Details

Zoning R8A/C2-4, EC-5
FAR 7.2

Overview

2929 Atlantic Avenue is a residential development site positioned along one of the busiest corridors in East New York, Brooklyn.

Located within the East New York rezoning plan approved in 2016, 2929 Atlantic Avenue has a 15,000 SF existing building sitting on a 7,643 SF lot. The property is zoned R8A/C2-4, EC-5 with a 7.2 FAR allowing for 55,032 ZFA. The new zoning allows for a mixed-use property with retail on the ground floor and residential with Mandatory Inclusionary Housing above.

Attractions

The property is three blocks from the J subway line at Cleveland Street and ideally located nearby Broadway Junction, which provides easy access to the A, C, L, J and Z trains.  The property is also easily accessible by the Jackie Robinson Parkway.

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