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.
Deep in southern Brooklyn, in the borderlands between Midwood and Sheepshead Bay, a developer is planning to demolish two houses to make way for an eight-story apartment building at 2226 Ocean Avenue.
Normally when we see a filing calling for a 1,500-square foot condos in Brooklyn, it would be in Dumbo or Williamsburg, with large units catering to wealthy buyers who would otherwise look in Manhattan. But…