Near the border between Bed-Stuy and Bushwick, a few hundred feet east of Broadway, a six-story, 70-foot-tall apartment building is in the works.
A permit application was filed earlier today to construct a 46-unit residential building at 834 Lexington Avenue. The apartments would be spread over more than 31,000 square feet of space, yielding an average unit size of around 680 square feet, hinting at rentals. The building doesn’t appear to have any especially large units, with a uniform eight apartments per floor, save for the ground level, which will have six.
The developer is Joel Schwartz of Lexington Flats LLC, based in South Williamsburg. The permit was filed by architect Julien Flander, based in Queens Village and popular with Hasidic builders.
The site is currently home to a one-story brick warehouse building, owned by Ciliano Garage Inc. since 1986, when the neighborhood’s prospects were not so bright. No property transfer deed has been filed with the city, but a representative with Massey Knakal, which brokered the sale, told YIMBY that the contract has closed and the site traded for $4.3 million, or around $130 per buildable square foot.
The permit filing indicates 23 parking spaces in a double-stacked open parking area at ground level, or exactly the number required by zoning for the site, just a few blocks from the Gates Avenue express J/Z station on the under-capacity Broadway Line. Also included are 23 bike parking spots in the cellar.
Residential development at this location was enabled by a 2012 rezoning of the northern part of Bed-Stuy, which switched the lot’s designation from C8-2 – allowing only low-rise, auto-oriented commercial development – to C4-4L, which allows denser mid-rise commercial and residential buildings.
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