2465 Atlantic Ave - Warehouse FOR SALE


Brooklyn, NY 11207- Ocean Hill
$2,750,000 USD
718-768-6888
2465 Atlantic Ave, Brooklyn, NY for Sale
$2,750,000 USD
Warehouse - FOR SALE
1/7
null | Request Cap Rate

2465 Atlantic Ave
Brooklyn, NY 11207
Ocean Hill


HIGHLIGHTS

  • Highly Visible Corner Location
  • Direct Access to Broadway Junction Transit Hub & LIRR
  • 7,395 SF Commercial Building
  • 1st Floor Ceiling Height: 13’4” (Deck), 12’3” (Beam)
  • Positioned Near the Herkimer-Williams 2 Acre Rezoning Area

OVERVIEW

TerraCRG is pleased to exclusively represent ownership in the sale of 2465 Atlantic Avenue, a highly visible commercial property strategically positioned at the intersection of Atlantic Avenue and Van Sinderen Avenue in East New York, Brooklyn. Located directly adjacent to Broadway Junction, one of New York City's most significant transportation hubs, the property benefits from direct access to the A, C, J, Z, and L subway lines, as well as the Long Island Rail Road (LIRR). Commuters can reach Downtown Brooklyn in approximately 15 minutes and Lower Manhattan in approximately 20 minutes.   The property consists of a three-story, approximately 7,395-square-foot commercial building. With potential to be delivered vacant, the asset presents investors, owner-users, and developers with immediate flexibility to reposition, occupy, or redevelop the property. While the property does not have any available air rights, it is situated within a C6-4 zoning district (R10 equivalent), providing a unique opportunity for a residential conversion or mixed-use redevelopment.   2465 Atlantic Avenue is ideally situated within the rapidly evolving Broadway Junction district and in close proximity to the transformative Herkimer-Williams rezoning area. This major public-private initiative is expected to reshape the surrounding neighborhood through the redevelopment of approximately two acres of underutilized industrial land into nearly 1,000 affordable housing units, new retail space, community facilities, and public infrastructure improvements.   As one of New York City's most significant transit-oriented redevelopment corridors, Broadway Junction continues to attract substantial public investment and private development activity. The combination of premier transit connectivity, favorable zoning, strong visibility, and positioning within a rapidly growing mixed-use district creates a compelling opportunity to acquire a well-located asset with significant long-term upside in one of Brooklyn's emerging growth markets.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$306 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7,395 SF Commercial Building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1901

UTILITIES

-

CLEAR CEILING HT

13.333333333333334 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06

LAND SF

2,465

ZONING

C6-4 / R10 Equivalent

APN/PARCEL ID

01576-0034

ASK ABOUT THIS PROPERTY

Melissa WarrenTerraCRG Brooklyn Commercial Real EstateMore Info
718-768-6888

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Melissa WarrenTerraCRG Brooklyn Commercial Real EstateMore Info
718-768-6888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.