Buy with Yoreevo
$2,942,587
List Price: $2,995,000
Share Listing
Save Listing
2825 Atlantic Avenue
House in East New York •  building info
6bd • 4ba • 3,080ft² $972 per ft²
Buy with Yoreevo

$2,942,587

List Price

$2,995,000

Key Details
Days on market
67
Last price change
loading...
Estimated payment
$17,683/mo
Taxes
$1,086/mo
Maintenance
N/A
Description
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 Brooklyns 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. Zoning: Districts: R8A, R5B, C2-4, EC-5 Residential FAR: 6.02 Facility FAR: 6.5 As-Built FAR: 0.49 Maximum Buildable Area: Approx. 37,776 SF+ *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.

Hide full description

Building info

History
What it'll cost
Purchase price
$2,995,000
Asking Price: $2,995,000
Term
30 Years
Down Payment
$299,000 (10%)
Min: 10% (299,000)
Rate
6.25 %
Mortgage Amount
$2,695,500
Mortgage Payment
$16,597
Taxes
$1,086
Estimated Yoreevo rebate
$52,413
Estimated closing cost
$109,000
Total monthly cost $17,683
Buy your dream home with us and get an estimated $52,413 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Compass

IDX information is provided exclusively for consumers' personal, noncommercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY listing service, Inc all rights reserved.

RLS IDX Data display by Yoreevo.