$5,200,000
Updated 11 years ago
Sold

1007-1011 Atlantic Ave

Clinton Hill, Brooklyn | Grand Ave & Classon Ave

Development Site

$5,200,000
Lot Size100'x100'
ZoneC2-4
Building TypeVacant Lot

Building Amenities

  • Elevator

Property Description for 1007-1011 Atlantic Ave

The subject property is a 100’ x 100’ vacant lot, located on the north side of Atlantic Avenue between Grand and Classon Avenues on the border of Clinton Hill/Prospect Heights.
The subject lot is approximately 8,946 SF and consists of 100’ of frontage along Atlantic Avenue. The site is located in a C2-4/R7A zoning district and benefits from approximately 30,864 buildable SF. In addition, there is an Inclusionary Housing bonus which allows for an increased buildable SF to 41,049 SF. The subject property will be delivered vacant.
The site is conveniently located two blocks from the Franklin Avenue A/C/S subway lines, in one of the most highly sought after areas in Brooklyn. In addition, the subject remains just a few blocks away from the Barclays Center and Atlantic Terminal subway station, which provides access to the 2, 3, 4, 5, B, Q, D, N, R subway lines & LIRR.

Listing History for 1007-1011 Atlantic Ave

Now
11/19/2013
$5,200,000
Sold and Closed by Stephen Palmese
Cushman & Wakefield
10/16/2013
Contract Signed by Stephen Palmese
Cushman & Wakefield

Building Details for 1007-1011 Atlantic Ave

OwnershipDevelopment Site
Building TypeVacant Lot
Learn More About the Building

Transit and Citi Bike

Subway

Franklin Av
0.13 miles
Park Pl
0.38 miles
Clinton-Washington Avs
0.42 miles
Nostrand Av
0.44 miles

Citi Bike

Pacific St & Classon Ave
0.07 miles
Fulton St & Irving Pl
0.12 miles

Contact Agents

Contact Agents

Stephen Palmese
Cushman & Wakefield
Winfield Clifford
Cushman & Wakefield
Michael Mazzara
Cushman & Wakefield

Clinton Hill | Brooklyn

Quick Profile

Tucked behind the Brooklyn Navy Yard in central Brooklyn is the quiet residential neighborhood of Clinton Hill. Once a strictly working-class neighborhood, Clinton Hill has become known for its elegant brownstones and stately mansions that were built as Manhattanites crossed the East River in the 1920s in search of the supposed health benefits that came from living “on the hill,” which has an elevation of 95 feet. Now you will also find newer luxury apartment and condo buildings interspersed throughout the neighborhood.

The Pratt Institute and St. Joseph College give the area a certain energy that comes from having a college in your town, while it’s leafy streets, some with their original cobblestones, and slower pace attract young families. Millennials and professionals are flocking to Clinton Hill in search of a reasonably priced neighborhood that offers both nightlife and an easy commute to Manhattan. Clinton Hill is a beautiful neighborhood with a suburban feel and firm roots in its past that also offers plenty of urban amenities.

New businesses are showing up in Clinton Hill on a regular basis, adding to the current proliferation of coffee shops, restaurants, and bars. As the population changes, new entertainment and nightlife venues are migrating to the area to meet the demand. Barclays Center is within easy walking distance, offering exciting sporting events and concerts.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 50386TH