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By Accord Real Estate Group

Crown Heights Real Estate Update

April 2nd 2016
Tags: Real Estate News, All about Brooklyn New York, Brooklyn Real Estate

As Crown Heights in Brooklyn, New York gains in popularity among New Yorkers, both residential and commercial projects will continue to roll out to accommodate incoming folks to Crown Heights.

An 8,690 square foot commercial/retail building is coming to 71 Schenectady Avenue, near the A & C trains at Utica Avenue. Currently the site is a vacant lot. Bawabeh brothers are the new owners.

A mixed use building is planned for 701 Washington Avenue at Grand Ave/Prospect Place/Park Place. There will be 1,500 square feet of retail and 14,805 square feet of residential space for 22 apartments. A 5 car lot and 6 car garage will accommodate building occupants. The owner/developer is Ernst Cange. Barry Berg of RVA Architecture is in charge of design for the building.

382-390 Eastern Parkway is currently a 46 unit rental building which Pinnacle Group is planning to convert to Condominium apartments. The conversion has already been approved by the State’s Attorney General’s Office. The location of the building is prime, located near the 2/3/4/5 trains at Franklin Avenue. The units will be a spacious 990 square feet and are valued at $32.7M. The architect is Atelier New York Architecture.

To learn more about Crown Heights Brooklyn real estate, call us at 718-375-2065.

If you are planning to sell your Brooklyn property, whether a residential property, a mixed use property, commercial, multi family, vacant land, co op or condominium call Jeff and Anna. You will be very happy that you did. We invite you to read our client testimonials on our website.