Brooklyn-based Eight & Eight Development has filed applications for a five-story, eight-unit mixed-use building at 578 Fifth Avenue, in South Slope, located around the block from the Prospect Avenue stop on the R train. The new building will encompass 10,726 square feet and will include 1,549 square feet of retail space across the ground floor and part of the cellar. Floors two through five will contain two residential units each. The apartments should average 740 square feet apiece, which means rental units are likely in the works. Lower Manhattan-based Chi F. Lau Architect is the architect of record. Demolition permits were filed in June of 2015 for the site’s existing two-story, 25-foot-wide commercial building.
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