$17,000,000
Updated 11 years ago
Off Market

472-484 Atlantic Ave

Boerum Hill, Brooklyn | Nevins Street & 3rd Street

Development Site

$17,000,000
Lot Size150'x180'
ZoneC2-4
Building TypeDevelopment Site

Building Amenities

  • Elevator

Property Description for 472-484 Atlantic Ave

The subject property is a development site located on the southeast corner of Atlantic Avenue and Nevins Street, with block-through exposure to Pacific Street, in Boerum Hill, Brooklyn. The property is an approximately 16,100 square foot lot, featuring 150’ of frontage along Atlantic Avenue, 40’ of frontage along Nevins Street and 70’ of frontage along Pacific Street. The subject is located in a R6A/C2-4 zoning district and benefits from an as-of-right FAR of 3.0. In total, the site benefits from approximately 48,300 buildable square feet. The property is located in the highly sought-after neighborhood of Boerum Hill, just down the street from the Barclay’s Center and Atlantic Terminal – with access to over 10 subway lines (2, 3, 4, 5, B, Q, D, N, R, including the LIRR. The neighborhood is amidst a massive transformation with many recent/future residential developments – including Atlantic Yards, as well as, dozens of national retailers entering the market along the Atlantic Avenue corridor.

Listing History for 472-484 Atlantic Ave

Now
05/02/2014
POM by Stephen Palmese
Cushman & Wakefield
03/04/2014
$17,000,000
Initial Price by Stephen Palmese
Cushman & Wakefield

Building Details for 472-484 Atlantic Ave

OwnershipDevelopment Site
Building TypeDevelopment Site
Learn More About the Building

Transit and Citi Bike

Subway

Nevins St
0.2 miles
Atlantic Av-Barclays Ctr
0.23 miles
Hoyt-Schermerhorn Sts
0.24 miles
DeKalb Av
0.34 miles
Hoyt St
0.37 miles

Railroad

Atlantic TerminalLong Island Rail Road
0.38 miles

Citi Bike

Pacific St & Nevins St
0.04 miles
Nevins St & Schermerhorn St
0.12 miles

Contact Agents

Contact Agents

Stephen Palmese
Cushman & Wakefield
Michael Mazzara
Cushman & Wakefield
Thomas Freeland
Cushman & Wakefield

Boerum Hill | Brooklyn

Quick Profile

Boerum Hill is a tiny, quiet, primarily residential neighborhood in Brooklyn. There are broad tree-lined streets that are filled with elegant three and four-story brownstones and townhouses, mostly built between 1840 and 1870. There is a definite family vibe to the neighborhood, but young professionals are moving in, and with them are coming trendy bars to cater to their desire for some measure of nightlife, without having to linger in Manhattan. These new bars and restaurants are being sandwiched in amongst existing shops on both Atlantic Avenue and Smith Street, which are the main commercial areas in Boerum Hill. 

Boerum Hill offers a convenient location that is still able to maintain its small-neighborhood feel. Shopkeepers value their customers and remember their regulars. It continues to do what it was designed to do, namely provide small-town living in the very shadow of the big city. Boerum Hill is an easy commute to other parts of the city, making it easy to come home every day to the peace and tranquility of Boerum Hill while commuting to a job anywhere in the city.

The neighborhood is quite walkable and you can take the time to catch up with your neighbors while visiting on their stoops. Shopping on Atlantic Avenue is stress-free with no high pressure. You can meet with friends at any of the many coffee shops and while away pleasant hours in conversation. The dining scene on Smith Street is similarly laid-back. Don’t expect that there will be quite as much to see or do as there is in Manhattan, but there are a decent number of interesting bars and restaurants providing a measure of nightlife. The trade-off is worth it, as Boerum Hill provides a quiet, peaceful place to live and raise a family.

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: 53129TH