A new five-story development is coming to East Williamsburg.
A 10-unit building will replace Chinese takeout restaurant Nine Dragons at 83 Humboldt Street, between Moore and Siegel streets.
The proposed 7,586-square-foot building would be 58 feet tall, and have two units per floor. Storage and a shared rooftop are also planned for the building. Developer 83 Humboldt LLC bought the site in November 2013 for $725,000.
The proposed development is right next to 85 Humboldt Street, an 18-unit walk up building with retail on the ground floor. The market price for 85 Humboldt was $13.5 million and it ultimately sold in April for $12 million. [BuzzBuzzHome] — Claire Moses