Berkshire Hathaway HomeServices New York Properties has launched sales for 262 55th Street, a five-story condominium development in Sunset Park, Brooklyn. The building houses five condominium units ranging from one-bedroom, one-bathroom units up to three-bedroom, two-bath full-floor homes.
The affordable housing lottery has launched for FAC Sunset Park, an eight-story mixed-use building at 372 51st Street in Sunset Park, Brooklyn. Designed by Magnusson Architecture and Planning and developed by the Fifth Avenue Committee and the Brooklyn Public Library, the structure yields 50 residences. Available on NYC Housing Connect are 40 units for residents at 40 to 80 percent of the area median income (AMI), ranging in eligible income from $20,160 to $118,400.
Permits have been filed for a 14-story mixed-use building at 737 4th Avenue in Sunset Park, Brooklyn. Located between 24th and 25th Streets with frontage along 4th Avenue, the lot is steps from the 25th Street subway station, serviced by the R train. Craig Miller of BEB Capital is listed as the owner behind the applications.
The New York City Council has unanimously approved zoning text amendments to facilitate the construction of a new mixed-use development at 737 Fourth Avenue in Sunset Park, Brooklyn. The proposed project will create 134 rental apartments, ground-floor retail, and publicly accessible car and bicycle parking.
Heritage Equity Partners recently secured $53 million in construction financing to build a new multifamily rental property in Sunset Park, Brooklyn. The property is located at 875 4th Avenue in an area colloquially referred to as South Slope and will yield 150 units.
