The Real Deal New York

Brookland’s new Park Slope condo project gets renderings

Developer filed plans for 11-story mixed-use project last year

May 06, 2015 01:15PM

550 Fourth Ave

Boaz Gilad (inset) and rendering of 550 Fourth Avenue (credit: RoArt via New York YIMBY)

Renderings and additional details for Brookland Capital’s new Park Slope condo development at 550 Fourth Avenue have been revealed.

The developer filed plans for the project, located at 15th Street and Fourth Avenue in Park Slope, in December that called for an 11-story building housing 30 apartments across nearly 32,000 square feet of residential space.

Brookland Capital partner Boaz Gilad has provided additional details, however, telling New York YIMBY that the building will feature 38 units.

The glassy tower, complete with staggered balconies, will sit atop a 5,000-square-foot retail base featuring two commercial spaces. Amenities include a gym and an 870-square-foot terrace on the second floor.

Brookland Capital acquired the development site, which currently holds a supermarket and two three-story frame houses, as part of a $7.4 million assemblage purchased last year. The Department of Buildings has yet to approve demolition permits. [NY YIMBY]Rey Mashayekhi