The Real Deal New York

Eagle Provisions site to become 28-unit resi building

Brooklyn developers Malafis, Glyptis behind project

July 24, 2015 03:45PM
By Rey Mashayekhi and Kyna Doles

Eagle Provisions in South Slope

Eagle Provisions at 628 Fifth Avenue in South Slope (credit: Fading Ad Blog)

South Slope’s temple of kielbasa and beer is on its way to becoming a 28-unit residential property.

Brooklyn developers George Malafis and Ioannis Glyptis are converting the former home of popular Polish market Eagle Provisions into apartments, according to a permit application filed Friday with the city’s Department of Buildings.

The plans call for 28 units across 20,300 feet of residential space at 626-630 Fifth Avenue, on the corner of 18th Street. The site includes three contiguous buildings, one of which housed Eagle Provisions from 1939 until it closed earlier this year.

The developers want to merge the buildings and vertically enlarge them to six stories from the existing three, according to the filing. The project will also feature almost 2,100 square feet of commercial space, including ground-floor retail, and a 14-car garage.

The second and third floors would hold seven apartments each, with six units on the fourth floor, five units on the fifth floor and three apartments on the sixth floor. The residential building would also house a common roof deck area.

Malafis and Glyptis acquired the properties in March for $7.5 million, according to city property records. The developers previously revived a 16-unit condo project in Park Slope originally planned by developer Isaac Katan, and also own a 26-unit rental building at 433 Third Avenue in Gowanus.

Malafis and Glyptis could not be reached for comment. Tom Winter Architect, the project’s architect of record, declined to comment.