Brooklyn

341 39th Street

Commercial-Office Conversion Planned for 10- And Seven-Story Industrial Buildings at 341-353 39th Street, Greenwood Heights

2:00 pm on July 12, 2016 By Reid Wilson

Madison Realty Capital has acquired the 10-story, 130,000-square-foot industrial building at 341 39th Street and the neighboring seven-story, 30,000-square-foot industrial property at 353 39th Street, in southern Greenwood Heights (on the border of Sunset Park), with plans to convert the structures into modern office and manufacturing space. The properties traded for $37.5 million, Crain’s reports. The currently vacant buildings would get new lobbies, windows, mechanical equipment such as elevators, amenities, and outdoor space (presumably on the roof). Between the buildings, the floor plates will range from 4,000 square feet to 13,000 square feet. The 36th Street stop on the D, N, and R trains is three blocks to the north. The duo was placed on the market last year with an asking price of nearly $50 million.

275 Skillman Street

Five-Story, Five-Unit Residential Project Filed at 275 Skillman Street, Bedford-Stuyvesant

1:00 pm on July 12, 2016 By Reid Wilson

Abraham Friedrich, doing business as an anonymous Brooklyn-based LLC, has filed applications for a five-story, five-unit residential building at 275 Skillman Street, in western Bedford-Stuyvesant. The structure will measure 8,973 square feet and its residential units should average 1,287 square feet apiece, indicative of condominiums. The layout of the building isn’t quite clear from the filings. Though the new building application lists five stories, the schedule A lists a basement, first floor, mezzanine, second floor, and third floor, in addition to a cellar and the roof. Udoette D. Isaiah’s Elmont, N.Y.-based architectural firm is the architect of record. The 32-foot-wide, 3,238-square-foot plot is half occupied by a three-story townhouse. Demolition permits were filed in April. The site is located a block from the Bedford-Nostrand Avenues stop on the G train.

38 Sixth Avenue

Pacific Park’s 23-Story, 303-Affordable-Unit Mixed-Use Building Tops Out at 38 Sixth Avenue, Prospect Heights

11:00 am on July 12, 2016 By Reid Wilson

The 23-story, 303-unit mixed-use building under development at 38 Sixth Avenue, at the corner of Dean Street in Prospect Heights, has topped out. Three months ago, the structure was merely two stories above street level. It now encompasses 341,595 square feet. It will host 8,700 square feet of retail space and medical offices on the ground floor, followed by 303 affordable residential units. All of the rental apartments will rent at below-market rates through the housing lottery. Amenities include a 73-car underground garage, space for a whopping 400 bikes, private residential storage space, a fitness center with a yoga room, a children’s playroom, and a terrace on the 16th floor. Greenland Forest City Partners, comprising of Greenland USA (the US branch of Shanghai-based Greenland Group) and Forest City Ratner Companies, is the developer. The duo are heading the 17-building Pacific Park mixed-use mega-development, of which 38 Sixth Avenue is a part. SHoP Architects is behind the design. Completion can probably be expected later this year or in early 2017.

11 Bay 20th Street

Three-Story, 17,000-Square-Foot Mixed-Use Commercial Project Planned at 11 Bay 20th Street, Bath Beach

3:00 pm on July 11, 2016 By Reid Wilson

Eric Ho, doing business as an anonymous Brooklyn-based LLC, has filed applications for a three-story, 17,354-square-foot mixed-use commercial building at 11 Bay 20th Street, in Bath Beach. There will be 4,238 square feet of retail space across the ground floor, followed by a 179-child daycare center on the second and third floors. There will also medical offices in the cellar. Timothy Li’s Brooklyn-based TLI Architect is the architect of record. The 60-foot-wide, 5,800-square-foot property is currently occupied by a two-and-a-half-story, three-family house. Demolition permits were filed in May. The 18th Avenue stop on the D train is located a block away.

352 East 5th Street

Three-Story, Two-Family Residential Project Coming to 352 East 5th Street, Kensington

1:00 pm on July 11, 2016 By Reid Wilson

Brooklyn-based property owner Mosheref Hussain has filed applications for a three-story, two-unit residential building at 352 East 5th Street, in northern Kensington. The structure will measure 5,516 square feet. The first residential unit will span the ground and second floors, followed by the second unit on the third floor. The lower apartment will also feature space in the cellar for a recreational area and laundry facilities. Since two apartments are splitting 4,100 square feet of residential space, condominiums are likely in the works. The project will also feature two off-street parking spots. Flushing-based He Gin Lee Architect is the architect of record. The 45-foot-wide, 4,500-square-foot plot is currently occupied by a two-story house. Demolition permits haven’t yet been filed. The Church Avenue stop on the F and G trains is five blocks to the west.

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