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About This Home

This 0-bedroom, 0-bathroom single family at 547 Atlantic Avenue in Brooklyn, NY is listed for $7,000,000 ($2,509 per sqft). the home offers 2,790 sqft of living space on a 0.04 acres lot.

Agent Description

This zoning analysis is describing the redevelopment potential of the site. Key points: The property is in the Downtown Brooklyn Special District (DB) with underlying R7A/C2-4 zoning. FAR (Floor Area Ratio) of 4.0 means the total permitted floor area can be up to 4 times the lot area.

80% lot coverage means up to 80% of the lot can be occupied by the building footprint on qualifying floors. Maximum height of 85 feet generally allows a building of roughly 7-8 stories, depending on floor-to-floor heights and design. supporting a substantial multi-level structure that seamlessly combines luxury parking...

suggests the marketing materials are highlighting the possibility of a project with: Ground-floor commercial or retail space, Multiple residential floors above, Structured parking or vehicle storage, Potential luxury condominium or rental units. For an investor or developer, the most important figure is the R7A DB C2-4 zoning. The value of the site is often based on the number of buildable square feet and what can legally be constructed under the zoning rules. Giving the investor an ROI he can look forward to.

Key Features

  • 0.04 acre lot
  • 3 stories

Property Details

3 stories

Amenities

Hardwood

Monthly Cost Estimate

$37,437/mo

20% down · 6.5% · 30 years

Principal$5,062
Interest$30,333
Insurance$2,042

Estimates only. Actual payments may vary.

Location

547 Atlantic Avenue

Brooklyn, NY 11217

Property Details

Flooring

Hardwood

Construction

Block Brick

Questions & Answers

This 0-bedroom, 0-bathroom single family at 547 Atlantic Avenue is listed at $7,000,000 ($2,509/sqft). The estimated monthly payment is $30,333 based on 20% down at 6.5% interest.

Key features include: 0.04 acre lot, 3 stories.

This property is listed by Mari Minch and can be reached at (917) 449-3902 or hnmestate@icloud.com.

MM

Mari Minch

Agent at GW Realty Inc.

(917) 449-3902

Listed by GW Realty Inc.

MLS# 502025· Source: listhub· Updated 2 days ago

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.

547 Atlantic Avenue, Brooklyn, NY 11217

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