Sheepshead Bay remains one of Brooklyn’s most affordable neighborhoods to buy a condo or co-op, and now a developer has filed plans for new condos there, at 1780 Sheepshead Bay Road.
The 70-foot-tall structure will rise on a vacant lot at the corner of Shore Parkway, a block south of the elevated Belt Parkway. It’ll have 6,900 square feet of retail on the ground floor and 5,400 square feet of medical offices split between the first two stories. The four remaining stories will have 19 apartments spread across 27,384 square feet of residential space, for family-sized average units of 1,441 square feet.
Amenities include a shared terrace on the second floor, a shared roof deck with a pool, and a 12-car garage on the ground floor.
The developer is Ralph Marchetta, who has owned the lots since the late 1970s, and Borough Park-based Bricolage Designs are the architects.
This project benefits from relatively generous R6 zoning and a commercial overlay, unlike most of the areas to the north, which have low-density zoning. New buildings on most blocks north of Belt Parkway can’t go any higher than 30 or 40 feet, giving us little three-story projects like this one filed in February.
If the city wanted to encourage relatively affordable new construction without subsidies, it could strongly consider upzoning parts of Sheepshead Bay. Families have long flocked to the working and middle-class neighborhood, because it has an express stop on the B and Q trains, an attractive stretch of waterfront, and a somewhat suburban feel.
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Great old Brooklyn neighborhood, and it’s close to Roll-N-Roaster.
Affordable on Sheepshead bay are only co-ops. All condos start from $600,000 for one bedroom compared to the similar square footage of co-op at $250,000. In addition, most condos offered for sale do not have separate kitchens. The modern construction and amenities look more like a “hospitality suits” than a family apartments. So when City planers are talking about affordable residential developments, I do not understand what are they talking about.