169 Atlantic Avenue

Investment Overview

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.

Investment 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