The area around the Marcy Houses, on the border of Williamsburg and Bed-Stuy, has for decades been a bit of a no-man’s-land. But with the rezoning of the Broadway Triangle for development – mainly targeted towards the area’s growing Hasidic population – the zone just south of it has started to interest some developers, who can find empty lots zoned for residential development.
One project slated to begin soon is 543 Marcy Avenue, a small six-story building between Stockton Street and Martin Luther King Place, for which permits were filed earlier today.
The structure will hold 6,359 square feet of living space, yielding six roomy units with an average of more than 1,000 square feet each. The developer, Borough Park-based Jacob Friedman, told YIMBY that each of the rental apartments would have three-bedrooms. He said leasing would be open to anybody, but YIMBY is guessing that Hasids priced out of South Williamsburg proper will be the biggest takers for the family-sized apartments.
The developer bought the land – a vacant 25-foot lot wedged between two walk-ups – earlier this year for a mere $300,000.
Construction, he said, will hopefully begin in October. Oleg Ruditser, of Brighton Beach, is the architect.