The Real Deal New York

New triangular building rising in Crown Heights

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

July 26, 2014 05:00PM

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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.

“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

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