$6,555,000
Updated 2 months ago
Off Market

545 Atlantic Ave

Boerum Hill, Brooklyn | 3rd Ave & 4th Ave

2,400 Square FeetMixed Use

$6,555,000
floors / apts3 / 2
Lot Size20'x90'
Built Size20'x40'
ZoneR7A
Building TypeLow-Rise
RE Taxes$7,924
Price Per SF
$2,731

Property Description for 545 Atlantic Ave

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.

Listing History for 545 Atlantic Ave

Now
07/08/2026
POM by Mari Mineh
GW Realty Inc.
07/01/2026
Price Increase by Mari Mineh
GW Realty Inc.

Building Details for 545 Atlantic Ave

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Atlantic Av-Barclays Ctr
0.09 miles
Nevins St
0.23 miles
Fulton St
0.26 miles
Lafayette Av
0.3 miles
Bergen St
0.36 miles

Railroad

Atlantic TerminalLong Island Rail Road
0.22 miles

Citi Bike

Hanson Pl & Ashland Pl
0.08 miles
3 Ave & Schermerhorn St
0.13 miles

Contact Agent

Contact Agent

Mari Mineh
GW Realty Inc.

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: 106608TH