Yesterday, applications were submitted to the Department of Buildings to construct two new buildings on Nostrand Avenue, at No. 348 in Bed-Stuy, and No. 1719 in Flatbush.
Both of the filings were made by Tarlan Design Build, led by Saverio Tarantino, on behalf of Bed-Stuy-based developer Lynn Kornblum.
At 348 Nostrand Avenue, on the corner of Lexington Avenue in Bed-Stuy, the developer is planning to erect a seven-story, 29-unit apartment building. Spread over more than 23,000 square feet of residential space, the units would be 800 square feet on average, with three on the ground floor (plus 15 parking spaces – not a single spot more than required by code), five on each level through the sixth floor, and one full-floor penthouse apartment up top.
Exactly three miles to the south, the same developer/architect duo are working on another seven-story residential building, at 1719 Nostrand Avenue, mid-block between Cortelyou and Clarendon roads. That building would only have 17 apartments, and they’d be even smaller – spread over 12,000 square feet of space, the average unit size will be just 700 square feet (two apartments on the third floor, four on the fourth through sixth floors, and three on the seventh).
It would also include 2,700 square feet of ground-floor retail, and 2,600 square feet of medical offices on the second floor. Eight car parking spaces are also included in the cellar with one on the ground floor – again, the exact number required by zoning.
While the land at 348 Nostrand Avenue has not yet sold to the developer, the one at No. 1719 has – in fact, its third sale in 2014 alone, hinting at the rapidly improving prospects for development sites in Flatbush. The lot’s value more than doubled in less than six months, trading for $300,000 in a sale whose deed was first drawn up in February, $525,000 in May, and then finally $800,000 in August, to what appears to be the current developer.
For any questions, comments, or feedback, email [email protected]