New York City  »  11217  »  Atlantic Ave  »  540 Atlantic Ave

540 Atlantic Avenue, Brooklyn, NY 11217 - Property report

Also known as: 530-540 Atlantic Ave

Property image for 540 Atlantic Avenue, Brooklyn, NY 11217
static Mapbox map

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

2024

Lot sq. ft.

28,357

Sale price

$38,000,000

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
540 Atlantic Avenue
Alternate address(es)
513-519 Pacific St
530-540 Atlantic Ave
ZIP code
11217
Neighborhood
Boerum Hill
Borough
Brooklyn
Block & lot
00186-0012

Owner

Find out who owns 540 Atlantic Avenue, Brooklyn, NY 11217. Uncover corporate and individual owners with a free account.

Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
157,265
Building dimensions
165 ft x 62 ft
Buildings on lot
1
Stories
8
Year built
2024
Building material
Sales
Sale date
11/29/2023
Sale price
$38,000,000
Tax
Tax year
2026-2027
Property tax
$495,412
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
159
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
150 ft x 180 ft
Lot sq. ft.
28,357

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
94 /100.  Biker's Paradise
School district
15
Community district
2
Closest police station
0.38 Miles
Closest fire station
0.19 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 540 Atlantic Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 540 Atlantic Avenue, Brooklyn, NY 11217

Sale date Sale price Buyer name Seller name
11/29/2023 $38,000,000 XXX XXXXXXXX XXXXXX XXX XXXXX XXXXXX XXXXXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/08/2025 - R
08/28/2025 - D		 Termination of Assign of L&R
(2025090201029011)		 XXXXXX XXXXXXXX XXXX XXX XXXXXXXX XXXXXX XXX
09/08/2025 - R
08/28/2025 - D		 Termination of Assign of L&R
(2025090201029010)		 XXXXXX XXXXXXXX XXXX XXX XXXXXXXX XXXXXX XXX
09/08/2025 - R
08/28/2025 - D		 Termination of Assign of L&R
(2025090201029009)		 XXXXXX XXXXXXXX XXXX XXX XXXXXXXX XXXXXX XXX
09/08/2025 - R
08/28/2025 - D		 Assignment of Leases and Rents
(2025090201029008)		 XXX XXXXXXXX XXXXXX XXX XXXXXXX XXXXX XXXX XXX
09/08/2025 - R
08/28/2025 - D		 Mortgage
(2025090201029007)		 XXX XXXXXXXX XXXXXX XXX XXXXXXX XXXXX XXXX XXX
09/08/2025 - R
08/28/2025 - D		 Assignment of Leases and Rents
(2025090201029006)		 XXX XXXXXXXX XXXXXX XXX XXXXXXX XXXXX XXXX XXX
09/08/2025 - R
08/28/2025 - D		 Agreement
(2025090201029005)		 XXX XXXXXXXX XXXXXX XXX XXXXXXX XXXXX XXXX XXX
09/08/2025 - R
08/28/2025 - D		 Mortgage
(2025090201029004)		 XXX XXXXXXXX XXXXXX XXX XXXXXXX XXXXX XXXX XXX
09/08/2025 - R
08/28/2025 - D		 Assignment, Mortgage
(2025090201029003)		 XXXXXX XXXXXXXX XXXX XXXXXXX XXXXX XXXX XXX
09/08/2025 - R
08/28/2025 - D		 Assignment, Mortgage
(2025090201029002)		 XXXXXX XXXXXXXX XXXX XXXXXXX XXXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 540 Atlantic Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$495,412
Municipal exemptions
Recent tax assessments
Market value
$42,986,000
Assessed value
$19,343,700

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $4,254,000 $1,914,300 $1,174,860 12.439% $146,141 $146,141 -62.19%
2024/25 $9,583,000 $4,312,350 $3,591,540 10.762% $386,522 $386,522 +8.38%
2023/24 $7,791,000 $3,505,950 $3,366,900 10.592% $356,622 $356,622 +2.98%
2022/23 $7,460,000 $3,357,000 $3,252,960 10.646% $346,310 $346,310 +12.65%
2021/22 $6,352,000 $2,858,400 $2,858,400 10.755% $307,421 $307,421 -7.94%
2020/21 $8,720,000 $3,924,000 $3,122,640 10.694% $333,935 $333,935 +14.80%
2019/20 $7,087,000 $3,189,150 $2,760,660 10.537% $290,891 $290,891 +6.93%
2018/19 $6,525,000 $2,936,250 $2,587,500 10.514% $272,050 $272,050 +2.62%
2017/18 $6,524,000 $2,935,800 $2,521,440 10.514% $265,104 $265,104 +5.61%
2016/17 $5,840,000 $2,628,000 $2,374,020 10.574% $251,029 $251,029 +11.43%
Permits

Permit information for 540 Atlantic Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/14/2026 New building
05/26/2026 New building
05/21/2026 New building
04/26/2026 Alteration
12/17/2025 No work

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
09/23/2024 Lblvio-low pressure boiler boiler required
06/26/2024 Aeuhaz1-fail to certify class 1 none
12/01/2023 Egrade-failure to post energy grade/score none

*Most recent DOB violations on record for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
4th Ave & Pacific St at NW Corner
Station lines
B-Q-D-N-R-2-3-4-5
Distance (miles)
0.091
View subway map

Access the detailed traffic volume map for 540 Atlantic Avenue, Brooklyn, NY 11217 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 540 Atlantic Avenue, Brooklyn, NY

552 Atlantic Ave, Brooklyn 560 Atlantic Ave, Brooklyn 502 Atlantic Ave, Brooklyn 502 A Atlantic Ave, Brooklyn 500 Atlantic Ave, Brooklyn 558 Atlantic Ave, Brooklyn 562 Atlantic Ave, Brooklyn 479 Pacific St, Brooklyn 500 A Atlantic Ave, Brooklyn 498 Atlantic Ave, Brooklyn 564 Atlantic Ave, Brooklyn 566 Atlantic Ave, Brooklyn 457 Pacific St, Brooklyn 455 Pacific St, Brooklyn 556 Atlantic Ave, Brooklyn 568 Atlantic Ave, Brooklyn 570 Atlantic Ave, Brooklyn 497 Pacific St, Brooklyn

Nearby ZIP codes for 540 Atlantic Avenue, Brooklyn, NY

10002, New York City, NY 10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, New York City, NY 10038, New York City, NY 10271, New York City, NY 10278, New York City, NY 10279, New York City, NY 11201, New York City, NY 11205, New York City, NY 11206, New York City, NY 11215, New York City, NY 11216, New York City, NY 11218, New York City, NY 11225, New York City, NY 11226, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 540 Atlantic Avenue, Brooklyn, NY 11217?

The development at 540 Atlantic Avenue, Brooklyn, NY 11217 was built in 2024.

What is the market value of 540 Atlantic Avenue, Brooklyn, NY 11217?

The current market value of 540 Atlantic Avenue, Brooklyn, NY 11217 is $42,986,000.

What is the total square footage of 540 Atlantic Avenue, Brooklyn, NY 11217?

540 Atlantic Avenue, Brooklyn, NY 11217 has a total of 157,265 square feet.

What is the price per square foot for this property?

$241 per square foot is the price for 540 Atlantic Avenue, Brooklyn, NY 11217.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

Sign up for a free account