351 Atlantic Avenue Brooklyn, NY 11217

$16,500,000

BOERUM HILL 22,500 SF VACANT COMMERCIAL BUILDING

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Offering Summary

CPEX Real Estate has been exclusively hired to market for sale 351 Atlantic Avenue, located in the Boerum Hill neighborhood of Brooklyn, NY. The subject property is built full to the lot, 50’ x 90’, on each floor. The fully sprinklered elevator building consists of approximately 22,500 gross square feet on four floors above grade and one floor below grade.

Property Highlights

  • Trophy building will be delivered vacant
  • Make for a great flagship store for retailers, academic/non-profit headquarters or a mixed-use conversion for developers

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Property Facts

  • Block Lot 177_57
  • Location Between Hoyt Street & Bond Street
  • Lot Dimensions 50’ x 90’
  • Lot Size 4,500 SF *
  • Building Dimensions 50’ x 90’
  • Building Size 22,500 SF *
  • Floors 4
  • Ground Floor Size 4,500 SF * | 12’ Ceiling
  • Second Floor Size 4,500 SF * | 9’ Ceiling
  • Third Floor Size 4,500 SF * | 12’ Ceiling
  • Fourth Floor Size 4,500 SF * | 9’ Ceiling
  • Lower Level Size 4,500 SF * | 8’ Ceiling
  • Zoning R7A/C2-4
  • Commercial FAR 2.0
  • Residential FAR 4.0
  • Community Use FAR 4.0 | $734,484
  • Taxes $77,224
  • * Approximate

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Transportation

  • 351 Atlantic Avenue is just 2 blocks from the A, C, and G trains at the Hoyt-Schermerhorn subway station 
  • Additionally, it is located 5 blocks from the B, Q, R, 2, 3, 4, and 5 trains at the Dekalb Avenue & Nevins Street stations
  • The B63 and B65 bus stop is located directly across the street

Demographics

  • Population 82,024
  • Average Household Income $171,441
  • Vehicular Traffic 35,578 (vehicles per day)
    Distance (Miles)
  • 0.00 - 1.00
    Population 82,024
  • 0.00 - 1.00
    Average Household Income $171,441
  • 0.00 - 1.00
    Vehicular Traffic 35,578 (vehicles per day)

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