Sterling Town Equities has acquired the two-story commercial building and adjacent vacant lot at 186-190 21st Street, off Fourth Avenue in South Slope, for $6 million. The new owners plan to demolish the existing structure to make way for a condominium development, according to Commercial Observer. The property boasts 20,034 square feet of building potential, and the purchase was made in cash.
The first condos hit the market last week at 550 Vanderbilt Avenue in the Atlantic Yards/Pacific Park development, and YIMBY has a few attractive renderings of the building’s amenity spaces and lobby.
Over a year ago, WyckoffHeights.org got the first look at this unusual expansion for a two-story warehouse at 482 Seneca Avenue in Ridgewood. Now YIMBY has new renderings for the project, a planned enlargement into a four-story apartment building.
Alma Realty’s gigantic 17-story, two-tower development is growing along the Long Island City waterfront at 34-46 Vernon Boulevard.
Exclusive Homes New York, LLC, has filed applications for a six-story, six-unit residential building at the vacant lot at 13 East 128th Street, in northern East Harlem, between 5th and Madison avenues. The building will measure 6,555 square feet, which works out to units measuring an average of nearly 1,100 square feet. Per Schedule A, each residence will have their own floor, and condos appear likely. Issac & Stern Architects is designing.
