Is this your property? Sell it faster with premium placement and targeted ads.
Prime development opportunity in the heart of Downtown Brooklyn. Located at 545-549 Atlantic Avenue, this assemblage offers exceptional potential just moments from the Barclays Center, Atlantic Terminal, and multiple subway lines. Situated within the R7A/C2-4 zoning district, the property provides approximately 21,600 buildable square feet and supports a wide range of mixed-use development possibilities. Rare opportunity to acquire a strategically located development site in one of Brooklyn's most dynamic and rapidly growing corridors. Buyers are advised to conduct their own due diligence regarding zoning, and development potential. Hotel Development Opportunity The proposed development envisions a luxury boutique hotel with integrated retail and parking components designed to maximize both room revenue and ancillary income streams. Prime Atlantic Ave. frontage Adjacent to Barclays Cente...
Prime development opportunity in the heart of Downtown Brooklyn. Located at 545-549 Atlantic Avenue, this assemblage offers exceptional potential just moments from the Barclays Center, Atlantic Terminal, and multiple subway lines. Situated within the R7A/C2-4 zoning district, the property provides approximately 21,600 buildable square feet and supports a wide range of mixed-use development possibilities. Rare opportunity to acquire a strategically located development site in one of Brooklyn's most dynamic and rapidly growing corridors. Buyers are advised to conduct their own due diligence regarding zoning, and development potential. Hotel Development Opportunity The proposed development envisions a luxury boutique hotel with integrated retail and parking components designed to maximize both room revenue and ancillary income streams. Prime Atlantic Ave. frontage Adjacent to Barclays Center and Atlantic Terminal App. 21,600 buildable square feet Strong transit connectivity High barriers to entry for new hospitality developments Opportunity for premium room rates driven by event demand Proposed Program Boutique Hotel: 55-75 Keys Ground Floor Retail Wellness / Spa Component Rooftop Lounge or Event Space Revenue Sources Hotel Room Revenue Food & Beverage Operations Retail Rent Parking Revenue Event & Meeting Space Rentals Wellness / Spa Revenue Market Positioning The property is positioned to capture demand generated by: Brooklyn business travel Downtown Brooklyn corporate offices Brooklyn tourism Visiting families and university-related travel Illustrative Financial Outlook Assuming: 65 Hotel Keys Average Daily Rate (ADR): $325-$425 Occupancy: 75%-85% Potential annual room revenue could exceed $6M-$8M before ancillary income. Additional revenue generated through retail leasing, parking operations, food and beverage sales, and event programming may further enhance overall asset performance.
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel Information