Treat this as historical market context until the listing data refreshes.
540 Atlantic Ave Unit N505
Listing Notes
This is a lease transfer until 1/31/27 (come out during the winter cycle!). The gross rent is $4600, and the tenants will subsidize the rent to $4025. Can come fully furnished ($3K worth!) 540 Atlantic Ave is one of the newest residential developments in Brooklyn, having just opened around late 2025. APARTMENT FEATURES Washer/Dryer In-unit Kitchen Island Dishwasher Large Windows Optional furniture ($3K worth!) BUILDING FEATURES (NO Amenity Fees) Virtual Doorman Package Room Elevator Fitness Center Roof Deck w/ Grills Multiple Resident/Work Lounges Garage (Fees Apply) Nearby Supermarkets: Foodtown, Lidl, Stop & Shop, Whole Foods, and more! Nearby Transit: 2 / 3 / 4 / 5 / B / D / N / Q / R via Atlantic Ave/Barclay Center, C via Lafayette Ave, G via Fulton St, and the LIRR via Atlantic Terminal
Market Insights
$6/sqft vs a nearby median of $8/sqft.
- -25% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 650 sqft creates a usable price-per-square-foot read.
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 8 days
- Last price change
- No change recorded
- Listed
- May 4, 2026
- Photos
- 15 photos
- Property type
- apartment
- Status
- for rent