Borough Park-based Ranco Capital has filed applications for an eight-story, 82-unit residential building at 1825 Ocean Avenue, in Midwood, five blocks from the Q train’s Avenue M stop. The building will measure 63,291 square feet in total, and units will average a rental-sized 772 square feet each. Mapleton-based N.A. Design Studio is the applicant of record, and a gas station must first be removed.
Midwood-based BWH Construction has filed applications for an eight-story, 26-unit residential building at 1251 East 19th Street, in Midwood, three blocks from the Q train’s Avenue M stop. The building will measure 31,895 square feet, which means units will average 1,227 square feet apiece, possibly making for condominiums. Felix Pustylnik is the applicant of record. The 2.5-story home at 1251 East 19th Street was demolished over the past month, but demolition has not yet begun at the three-story residential building spanning Nos. 1943-1947.
Developers flocked to Ocean Avenue in Brooklyn during the years following World War I, and after decades of decline, builders have finally returned to the broad, tree-lined thoroughfare. The latest new building planned there is 1704 Ocean Avenue, a seven-story residential development between Avenue L and Avenue M in Midwood.
Infinity Real Estate plans to add two floors to the three-story, 160,000 square-foot mixed-use commercial building at 1630 East 15th Street, next to the Kings Highway stop on the B and Q lines in Midwood. According to Commercial Observer, the 60,000 square-foot office expansion is being designed by Zyscovich Architects. The building is currently 100 percent leased, and was acquired by the current owners in 2014.
Time Equities plans to convert The Venetian, a five-story, 33-unit rental building at 447 Avenue P in the southwestern corner of Midwood, into condominiums. The developer acquired the building in December of 2014 for $27 million, just two years after the project opened in 2012. The building, located a block away from the Avenue P stop on the F line, also has 8,000 square feet of ground-floor retail.