Six-Story Rental Building Getting 45-Unit Condo Conversion At 382 Eastern Parkway, Crown Heights
Midtown-based Pinnacle Group is planning to convert the six-story, 46-unit rental apartment building at 382-390 Eastern Parkway, in southwestern Crown Heights, into 45 condominiums. Located a block from the Franklin Avenue stop on the 2/3/4/5 trains, the conversion project received approval from the state’s Attorney General’s office last month, The Real Deal reports. The 45 condos are being valued at $32.7 million all together. The apartments will be individually renovated and Pinnacle is doing so on a non-eviction basis. The structure measures 44,580 square feet, so units should average 990 square feet apiece. Long Island City-based Atelier New York Architecture is the architect of record.
