The northeastern corner of Borough Park is one of the most diverse areas in a very diverse city, at the crossroads of the Hasidic, Chinese, Mexican, and South Asian sections of Brooklyn (and given that it’s only three stops from Manhattan on the D train, it won’t be long until wealthier young professionals seek it out as a cheaper alternative to Greenwood Heights).
A triangularly-shaped piece of land in the area – bounded by New Utretcht Avenue, 10th Avenue (hosting the D train’s West End elevated line), and 40th Street – is slated to be developed into a seven-story, 59-unit apartment building, with a substantial commercial and community facility space, according to a new building permit application filed yesterday.
The building, with an official address of 4001 New Utrecht Avenue, would have retail and office space on the first floor (for a total of more than 12,000 square feet of commercial space), as well as an entrance to a second-story parking area with enough space for 42 cars.
Above that would sit 10 apartments on the third floor, 11 on the fourth, 12 on the fifth and sixth, and eight apartments on the penthouse level (which works out to 53 apartments in total, with a six-unit discrepancy between the main permit application and the Schedule A filing). The apartments would be spread over 46,000 square feet of residential space for an average unit size of around 850 square feet. The person who picked up the phone at the office of the developer – Petro Real Estate Company – said that the building is intended to be rentals.
Karl Fischer is listed as the architect.
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