The Real Deal New York

Details revealed for Sugar Hill’s Park Slope condo restoration

1920s-era building is being converted to four full-floor units
January 23, 2015 05:23PM

Sugar Hill Capital Partners revealed details on its restoration of a Park Slope building that was once a dilapidated eyesore but is being converted to four three-bedroom condos.

The condos, at 187 Seventh Avenue, will be completed in the fall and start at $3.2 million. A penthouse with a private roof deck will be listed for $3.5 million.

Rather than raze the 1920s building, Sugar Hill opted to give it a $6 million facelift, including cleaning and replacing the light-colored brick and metal parapet, as well as installing floor-to-ceiling glass windows in the turret and bay windows. The developer purchased the building in 2013 for $4 million, the New York Times reported.

Each condo will have three bedrooms and a flexible layout, meaning that bedrooms can easily be added or removed. The building will have an elevator, lobbies, and one retail tenant on the ground floor.

Amenities for all residents include a roof deck with Manhattan views, a summer kitchen and cabanas and a virtual doorman. [NYT] — Tess Hofmann