Revealed: Brookland’s Park Slope Condos at 550 4th Avenue

550 4th Avenue, rendering by RoArt550 4th Avenue, rendering by RoArt

Boaz Gilad’s Brookland Capital is one of the most prolific small condo developers in Brooklyn, with projects under construction from the Williamsburg waterfront all the way down to East Flatbush. Now they’ve ventured away from Bed Stuy and Crown Heights and into more established condo territory with a development at 15th Street and 4th Avenue in Park Slope.

Plans filed in December say the building at 550 4th Avenue will rise 11 stories with 30 apartments, but Gilad tells YIMBY it will have 38 units. Based on the filing, those 30 apartments would be spread across 31,859 square feet of residential space, averaging out to fairly spacious units at 1,061 square feet a piece. 

Chelsea- and Bed Stuy-based firm RoArt dreamed up the rendering, and Feingold and Gregory Architects, headquartered on the Upper West Side, are the architects of record.

This design is definitely a cut above the average PTAC-covered, cast concrete building on Fourth Avenue. The glassy tower sits atop a 5,000-square-foot retail base with two commercial spaces. Staggered balconies and a setback beginning at the eighth floor help break up the building’s mass, and the varying blocks of windows add a bit of flair.

Apartments will begin on the second floor, which will have three units, followed by four each on the fourth through seventh floors, two on the ninth and tenth floors, and then an eleventh-story penthouse. Amenities will include a gym in the cellar, storage, and an 870-square-foot terrace on the second floor.

The building will replace a supermarket on the corner of Fourth Avenue and two three-story frame houses on 15th Street, but the DOB hasn’t approved demo permits yet. Brookland picked up the three lots, which total just over 7,000 square feet, for $7,400,000 last year, according to reps from TerraCRG.

Zoning here is pretty favorable, because it requires active uses on the ground floor (either commercial or community facilities) and waives parking for properties smaller than 10,000 square feet, like this one.

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