545 Atlantic Ave Brooklyn, NY 11217
Boerum Hill NeighborhoodEstimated payment $35,859/month
Highlights
- Wood Flooring
- 2-minute walk to Pacific Street
- 3-minute walk to North Pacific Playground
- P.S. 38 The Pacific School Rated A-
- Back Yard
About This Home
Unique prime development opportunity at 545 Atlantic Avenue, ideally located in the heart of Brooklyn’s Boerum Hill / Downtown Brooklyn corridor. The property may also be acquired with adjacent 547 and 549 Atlantic Avenue, offering a rare assemblage opportunity in a rapidly evolving submarket. Situated within the Downtown Brooklyn Special District (R7A/C2-4), the site provides exceptional zoning efficiency with 4.0 FAR, 80% lot coverage, and allowable building heights up to 85 feet, supporting a highly efficient mixed-use development program. The location benefits from immediate proximity to major neighborhood anchors including Barclays Center and Atlantic Terminal, as well as direct access to multiple lines of the New York City Subway, providing outstanding regional connectivity and consistent pedestrian activity. Surrounded by dense residential development and ongoing commercial investment, the site is well suited for a boutique, luxury mixed-use project incorporating residential units, ground-floor retail, and potential parking components. Positioned within one of Brooklyn’s most dynamic growth corridors, the property offers strong long-term appreciation potential and compelling development fundamentals.
Listing Agent
Mari Mineh
GW Realty Inc. Listed on: 06/04/2026
Property Details
Property Type
- Other
Est. Annual Taxes
- $7,924
Year Built
- Built in 1920
Lot Details
- 1,800 Sq Ft Lot
- Lot Dimensions are 90 x 20
- Irregular Lot
- Back Yard
- Property is zoned R7A
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Plaster Walls
- Asphalt Roof
Interior Spaces
- 2,400 Sq Ft Home
- 3-Story Property
- Ceiling height between 8 to 10 feet
- Wood Flooring
- Basement Cellar
Utilities
- 110 Volts
Listing and Financial Details
- Tax Block 180
Community Details
Overview
- 2 Units
Building Details
- 3 Vacant Units
- Fuel Expense $3,500
- Insurance Expense $5,500
- Utility Expense $2,500
- Gross Income $165,000
- Net Operating Income $147,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $7,247 | $168,180 | $13,440 | $154,740 |
| 2025 | $7,247 | $155,100 | $13,440 | $141,660 |
| 2024 | $7,247 | $154,560 | $13,440 | $141,120 |
| 2023 | $7,177 | $136,620 | $13,440 | $123,180 |
| 2022 | $6,744 | $132,540 | $13,440 | $119,100 |
| 2021 | $6,707 | $118,980 | $13,440 | $105,540 |
| 2019 | $6,290 | $65,460 | $13,440 | $52,020 |
| 2018 | $6,750 | $29,448 | $7,257 | $22,191 |
| 2017 | $5,738 | $28,150 | $7,436 | $20,714 |
| 2016 | $5,309 | $26,558 | $8,414 | $18,144 |
| 2015 | $3,203 | $25,056 | $9,529 | $15,527 |
| 2014 | $3,203 | $25,056 | $11,431 | $13,625 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2026 07/01/26 | Price Changed | $6,555,000 | +0.1% | $2,731 / Sq Ft |
| 06/20/2026 06/20/26 | Price Changed | $6,550,000 | +0.8% | $2,729 / Sq Ft |
| 06/15/2026 06/15/26 | Price Changed | $6,500,000 | -7.1% | $2,708 / Sq Ft |
| 06/04/2026 06/04/26 | For Sale | $7,000,000 | -- | $2,917 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 502021
APN: 00180-0049
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Ask me questions while you tour the home.