547 Vanderbilt Avenue, Brooklyn
Commercial · built 1999 · Block 1122, Lot 1.
Building permits
- New Building — Mid-Rise, filed Jan 11, 2022, 267 units, 17 stories, early work permitted while the building plans are in review, described as “Proposed Seventeen (17) story Mixed use development as per Plans. Accepted in HUB at consultation on 1.5.2022 with Chief Rami Bitar. A total of 2 Towers to be proposed on subject zoning lot. Filing for 421a-Foundation Approval.”
- Alteration, filed Jun 12, 2024, estimated cost $60K, described as “Renovation of existing McDonald's restaurant at front counter area, as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Jun 11, 2024, estimated cost $7K, described as “Modification of plumbing system in existing McDonald's restaurant, as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Jun 6, 2022, estimated cost $5K, described as “The scope of work for this project is limited to the removal and replacement of (1) roof top unit”
- Alteration, filed May 27, 2022, estimated cost $15K, described as “Alteration type 3 - construction equipment - fence: 8'-0" high construction fence to be erected around property perimeter of structure on grade to enclose site for construction operations.”
- Alteration, filed Feb 6, 2018, estimated cost $2K, described as “Install illuminated sign on wall (mcdonald's)”
- Alteration, filed Feb 6, 2018, estimated cost $2K, described as “Install illuminated sign on wall (mcdonald's)”
- Alteration, filed Feb 6, 2018, estimated cost $4K, described as “Install illuminated sign on wall (mcdonald's)”
Property taxes
- Assessment
- $790,200
- 2026–27 tax
- $69,650
- Market value (city estimate)
- $1,756,000
- Taxable value
- $642,055
- Assessed land
- $153,000
- Assessed improvements
- $637,200
Zoning
C6-3X (part of the lot is R6B): floor area ratio 0.17 built, 9.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- Atlantic Avenue Mixed-Use Plan (City Planning 2022K0436): Zoning map change, Zoning text change, City property acquisition, Urban development action area, Completed, filed Oct 10, 2024, decided May 28, 2025. The Atlantic Avenue Mixed-Use Plan is an area-wide plan to support housing and job growth along Atlantic Avenue between Vanderbilt Avenue and Nostrand Avenue in Community Districts 3 and 8 within the neighborhoods of Crown Heights, Bedford…
- 840 Atlantic Avenue (City Planning 2018K0488): Zoning map change, Zoning text change, Completed, filed Jan 14, 2021, decided Sep 29, 2021. This is an application from Vanderbilt Atlantic Holdings LLC for a zoning map amendment for M1-1 and R6B to C6-3X and a zoning text amendment to designate a Mandatory Inclusionary Housing (MIH) area and allow flexibility in the location of…
In the news
Permits Filed for Two-Tower Development at 840 Atlantic Avenue in Prospect Heights, Brooklyn, New York YIMBY, Jan 14, 2022.