Brooklyn-based ANM Real Estate has filed applications for a four-story, 10-unit residential building at 514 Maple Street, in northern East Flatbush, five blocks from the 2 and 5 trains’ stop at Sterling Street. The building will measure a total 7,829 square feet, and units will average 782 square feet apiece; the two fourth-floor apartments will also share the fifth-floor penthouse. Leonid Segal’s Borough Park-based Tecnico Engineering is the applicant of record, and the site’s two-story predecessor was demolished in 2000’s.
So far this month, we’ve covered the Loketch Group’s planned 54-unit building in Ridgewood, and the design for the firm’s planned conversion and expansion on South 3rd Street in Williamsburg. Now we’ve got the first look at one of the developer’s ground-up projects in East Flatbush, 490 Lefferts Avenue.
Joshua Dardashtian, of Pinnacle Real Estate Ventures, has filed applications for two four-story, multi-family residential buildings spanning the lots at 1506-1508 New York Avenue, in East Flatbush, near Brooklyn College. Each building will have nine apartments, averaging only 590 square feet apiece, which is strongly indicative of rentals. Sion Consulting Engineering is the applicant of record, and the site’s former 2.5-story structure was demolished this past May.
The city has had grand plans to build a Utica Avenue subway line for nearly a century, and on Wednesday, de Blasio resurrected the idea of extending the 4 train out as far as Kings Plaza in Mill Basin, bringing trains to a transit-starved area of southeastern Brooklyn.
With price pressures mounting in Flatbush, market-rate rental buildings with more than a few units are penciling out in East Flatbush, for what appears to be the first time in generations. In November, we saw…