search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aCharles Schwab slashing Chicago office space with big subleasesCharles Schwab slashing Chicago office space with big subleasesHousing deal could rescue Halletts North, other stalled projectsHousing deal could rescue Halletts North, other stalled projectsH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boom
New York

New triangular building rising in Crown Heights

The small, oddly shaped building is already on the market for $2.5 million

995 Washington Avenue
995 Washington Avenue

WEEKENDEDITION It’s been five years in the making, but a triangular lot in Crown Heights is now poised to become a four-story residential building.

This spring, the 1,000-square-foot lot on Washington Avenue near Montgomery Street sold for $330,000 to a developer going by Washington Ave Dev LLC, according to DNAinfo. Now, construction is underway and the building is already on the market for $2.5 million with Bond New York.

Sign Up for the undefined Newsletter

“They’re trying to make the most with the square footage,” said Lucas Dallavalle, the Bond broker at the 995 Washington Avenue site. “It’s a great use of that very odd-shaped lot.”

When completed the building will include two residential duplexes and space on the first floor and basement for a tenant like a doctor or architect, Dallavalle told DNAinfo.

However, future tenants should be aware that the building butts up against the Franklin Avenue shuttle, which runs by every 10 minutes on weekdays. [DNAinfo] – Christopher Cameron

Tags
Crown Heights