Overview

  • Asking Price Available for Long Term Ground Lease
  • Total ZFA 21,600 ZFA
  • Neighborhood Brooklyn Heights
  • Frontage 170 Feet

Avison Young, as the exclusive agent, is pleased to offer for long-term ground lease (the “Site”) 169 Atlantic Avenue, a 80’ x 90’ lot situated on the northeast corner of Atlantic Avenue and Clinton Street in Brooklyn Heights. The site is currently improved with a one-story retail building totaling 7,200 square feet. The property is zoned R6/C2-3, allowing for 3x FAR for a base of 21,600 ZFA, or up to 3.9x FAR with a UAP housing bonus for a total of 28,080 ZFA. The site also benefits from both a Commercial and Community Facility overlay and is located within the Brooklyn Heights Historic District.

Highlights

Asset Details

- 7,200 SF Corner Lot

- 170' of wraparound frontage

- 7,200 SF existing one-story building

- Brooklyn Heights Historic District

Convenient Access to Public Transpiration
Development Potential

- 3x FAR – 21,600 ZFA

- 3.9x FAR (UAP) – 28,080 ZFA

- 2x FAR (Commercial) – 14,400/ZFA

- 4.8X FAR (Community Facility) – 34.560/ZFA

Dynamic Area

Team

Patrick Madigan

Patrick Madigan

Director
Avison Young - US - NY - New York
Fritz Richter

Fritz Richter

Director
Avison Young - US - NY - New York
Joseph Moran

Joseph Moran

Associate Director
Avison Young - US - NY - New York
Miles Davis-Bosch

Miles Davis-Bosch