New Developer Finances 11-Story, 44-Unit Condo Project At 275 Fourth Avenue, Park Slope

275 4th Avenue275 4th Avenue, rendering by Moso Studio/ODA Architecture

Last month, Slate Property Group and Adam America Real Estate sold their development site at 275 Fourth Avenue/251 1st Street, in Park Slope, to Chinese developer Vanke, according to Commercial Observer. An 11-story, 44-unit condominium project is planned, and 5,547 square feet of retail and community space is expected on the ground floor. The new developer has also landed a $33.2 million construction loan and expects to complete the building in Q3 2016. Sales should launch in early 2016 and ODA Architecture is designing.

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1 Comment on "New Developer Finances 11-Story, 44-Unit Condo Project At 275 Fourth Avenue, Park Slope"

  1. This project is already under construction.

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