The Bushwick-Bed-Stuy borderlands are the final frontier for cheap rents and inexpensive development in both neighborhoods, and today we have a rendering for a project at 1004 Gates Avenue in Ocean Hill, courtesy of prolific Brooklyn developer The Loketch Group.
Property owner Avraham Benhamo has filed applications for a four-story, eight-unit residential building at 1845 Park Place, in Ocean Hill, nine blocks from the C train’s stop at Ralph Avenue. The building will measure 5,600 square feet in total, and units will average 700 square feet apiece, indicative of rentals. Long Island-based Shahriar Afshari is the applicant of record, and the lot is currently vacant.
When YIMBY stopped by the Prospect Plaza affordable housing development in Ocean Hill earlier this summer, the first two buildings were inching toward completion on Prospect Place between Howard and Saratoga Avenues. Across the street, foundation work on Phase 2 had just begun. Now new building applications have been filed for the third and final piece of the project at 1845 Sterling Place, a large, vacant corner lot next to Eastern Parkway.
Foundation work is currently underway at 1700 Broadway, in Ocean Hill, where a six-story, 79-unit mixed-use building is planned, a block from the J/Z train’s stop at Chauncey Street. According to Brownstoner, the building — being developed by SUS and Alembic Community Development — will be 100% affordable, and will feature 4,500 square feet of ground-floor retail space. Peter Woll is the architect of record, and completion is expected in 2016.
As the clock ticks down to the start of the city’s East New York rezoning process in the fall, YIMBY has noticed an uptick in market-rate filings on the soon-to-be-valuable real estate around Broadway Junction. And now plans are in the works for three small apartment buildings at 62-68 Somers Street, just beyond the western patch of Ocean Hill that’s about to be rezoned.
