Prime Development Opportunity – 50’ Frontage on Atlantic Avenue in Brooklyn
2825-2827 Atlantic Avenue are two adjoining buildings built currently as 2-story mixed use buildings and includes a connected parcel allowing direct access to Schenck Avenue.
These properties offer an exceptional investment opportunity to acquire two adjacent, vacant buildings, ideal for redevelopment with substantial upside potential in one of Brooklyn’s most active, high-growth corridors. Located directly on Atlantic Avenue, this property offers 50 feet of frontage with an additional lot at 170 Schenck Avenue offering valuable space and access to the rear of the buildings, and is positioned within highly favorable zoning overlays that support a wide range of development options and incentives.
*All zoning and square footage should be independently verified.
Incentive Zones: Mandatory Inclusionary Housing (MIH) Transit Zone FRESH Program Zone (Food Retail Expansion to Support Health)
Key Highlights: Delivered vacant and shovel-ready Strong residential and mixed-use development potential High visibility and access along a major Brooklyn corridor Close proximity to public transit, amenities, and major thoroughfares
Ideal for developers seeking scale and zoning flexibility in a rapidly developing area. All zoning and buildable square footage should be independently verified.
Listed by Toni M Nicolo
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Compass
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(646) 246-7063
Listed by PEDRO DIAZ
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Compass
Last updated October 15, 2025
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Source: REBNY #RLS20054090
Listing Facts
TypeSingle-family
NeighborhoodHighland Park
Bedrooms6
Bathrooms4
Days on Prevu13
Taxes$13,032/year
Size3,080 sqft
Price per sqft$972
Location
Mortgage Calculator
Listing History
10/10/2025
Listed by Compass
$2,995,000
Estimated Closing Costs
Total
$106,538
Attorney Fees
$4,000
NYC Mansion Tax
$37,437
Title Insurance
$13,478
Bank Attorney
$1,500
Mortgage Recording Tax
$46,123
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $2,995,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.