Brooklyn-based Empire State Management has filed applications for a four-story, seven-unit residential building at 231 Franklin Avenue, in western Bedford-Stuyvesant, three blocks from the Classon Avenue stop on the G train. The building will measure 5,005 square feet in total, and units will average 715 square feet apiece. Rego Park-based Diego Aguilera is the architect of record, and the existing two-story townhouse was filed for demolition in July.
Diego Aguilera Architects
Last month, applications were filed for a four-story, 10-unit residential building at 1266 Pacific Street, in northwestern Crown Heights. Shortly after, the vacant site was placed on the market, and in less than 48 hours later, EPIC Commercial Realty entered contract on the 2,861 square-foot property for $1.25 million, DNAinfo reports. The building on file will measure nearly 8,500 square feet, with individual units averaging 850 square feet, and Rego Park-based Diego Aguilera filed for the permits.
Williamsburg-based Domes Properties has filed applications for a four-story, eight-unit residential building at 104 Central Avenue, in northern Bushwick, three blocks from the Myrtle Avenue stop on the J, M and Z trains. The project will measure 5,458 square feet, which means units will average 682 square feet, indicative of rentals. Rego Park-based Diego Aguilera is the architect of record, and a two-story, two-unit townhouse must first be demolished.
Bed-Stuy-based CS Real Estate has filed applications for a four-story, 10-unit residential building at 1266 Pacific Street, in western Crown Heights, a block from the Nostrand Avenue LIRR station and three blocks from the A and C subways. The building will stand 70 feet tall, and thanks to mezzanine levels on each floor beginning with the second, units will get a little more residential space. Units will measure an average 850 square feet apiece, and Rego Park-based Diego Aguilera is the architect of record.
As property values skyrocket in the low-slung eastern edges of Williamsburg, small developers are searching for ways to boost a site’s density without spending exorbitant amounts of money on construction. Increasingly, they file their developments as alterations, rather than new buildings, which allows them to avoid building expensive underground parking. And the J-51 abatement gives landlords a break on their property taxes, in exchange for preserving at least 50% of the old building and keeping the new units rent-stabilized for up to 20 years. One of these enterprising developers has filed alteration applications to expand a little three-story brick apartment building at 196 Montrose Avenue, on the corner of Humboldt Street.