Permits have been filed for an eight-story residential development at 875 Fourth Avenue in Greenwood Heights, Brooklyn. The site is three blocks from the 36th Street subway station, serviced by the D and R trains. The existing gas station was sold to Heritage Equity Partners for $19.8 million. The firm’s Toby Moskovits is listed as behind the applications.
The 86-foot-tall structure will yield 144,730 square feet, with 102,070 square feet dedicated to residential use. 150 apartments will be created, averaging 680 square feet apiece, indicating rentals. Tenants will have access to accessory storage, laundry, four recreation rooms on the first floor, and a rooftop recreational terrace. Storage for bicycles will be included on each floor, along with 50 parking spaces below ground.
Fischer + Makooi Architect is responsible for the design.
The lot is currently occupied by a gas station and small market. Demolition permits have not been filed, and the estimated completion date has not been announced.