Two Supermarkets Ink Deals Along Brooklyn’s Atlantic Avenue
EMP Capital is bringing new grocers to 880 and 1042 Atlantic Avenue
By Isabelle Durso September 10, 2026 1:19 pm
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Two new supermarkets are coming to Atlantic Avenue in Prospect Heights, Brooklyn.
The grocers will arrive at two of EMP Capital Group’s newly developed residential projects two blocks apart at 880 Atlantic Avenue and 1042 Atlantic Avenue, Commercial Observer has learned.
In the largest deal, CTown Supermarkets signed a 20-year lease for 8,400 square feet at the base of the 19-story, 237-unit 1042 Atlantic Avenue, also known as Prosper Brooklyn, which was completed this year.
Meanwhile, a new grocer named Atlantic Market inked a 20-year, 8,000-square-foot deal on the ground floor of the 19-story, 257-unit 880 Atlantic Avenue, also known as Eight80 BK, which was completed last year.
The leases were signed Aug. 15, and both supermarkets are set to open during the third quarter of 2027, according to broker MOD Commercial Realty. Both of the new supermarkets are independently owned and operated.
The asking rent for each deal was $50 per square foot. Mod’s Eddie Mamiye, Meyer Dagmy and Mike Sutton represented both sides in each deal.
Spokespeople for EMP Capital and CTown did not immediately respond to requests for comment, while a spokesperson for Atlantic Market could not be reached for comment.
In both developments, EMP Capital used New York City’s Food Retail Expansion to Support Health (FRESH) program, an initiative that uses zoning benefits and tax incentives to allow developers to build slightly larger buildings in underserved neighborhoods if they include a qualifying grocery store.
Prosper Brooklyn and Eight80 BK also both went up as part of the Atlantic Avenue Mixed-Use Plan, which was approved by the New York City Council in May 2025 and allowed denser housing development within a roughly 21-block stretch of Atlantic Avenue. The plan is designed to foster the development of approximately 4,600 new apartments, including 1,900 income-restricted homes.
“Thousands of new units are coming to the neighborhood with the Atlantic Avenue rezoning. This is the FRESH program doing what it’s supposed to do, bringing a real neighborhood amenity to all the new residents moving in,” Mod’s Mamiye said in a statement to CO.
Isabelle Durso can be reached at idurso@commercialobserver.com.
