Jay Group planning 49-unit building in Prospect Park South

Project at 1694 Church Avenue would also include 7K sf of commercial space

New York /
Aug.August 31, 2018 05:30 PM

1694 Church Avenue (Credit: Google Maps)

Joel Kohn’s Jay Group is planning a 49-unit mixed-use building in Prospect Park South.

The eight-story building at 1694 Church Avenue will stand 84 feet tall and span about 41,000 square feet, split between 34,000 square feet of residential space and 7,000 square feet of commercial space, according to plans filed Friday with the Department of Buildings.

The site is currently home to a one-story 99-cent store, and demolition permits were filed for it last June.

Kohn did not respond to a request for comment.

The Jay Group purchased a five-building portfolio in Harlem earlier this summer at 54-62 West 125th Street for $26.5 million from Ares Management.

Developer Bentley Zhao is planning a 115-unit project nearby at 222 East 21st Street that would span about 82,000 square feet.


Related Articles

arrow_forward_ios
The tax break allows foreign visitors to reclaim a sales tax of 20 percent on items bought in the country for more than £30 (Getty; Unsplash)

UK tax break expiration could hurt struggling retailers

UK tax break expiration could hurt struggling retailers
Istanye Park in Istanbul (Photo via Wikipedia Commons)

Turkish mall valued at $1B in deal with Qatar

Turkish mall valued at $1B in deal with Qatar
258 8th Avenue (Google, Target)

Target planning yet another NYC store in Chelsea

Target planning yet another NYC store in Chelsea
Churchill Real Estate's Justin Ehrlich and 381 Broadway (Google Maps)

Two-year Tribeca foreclosure saga continues with lawsuit over $20M

Two-year Tribeca foreclosure saga continues with lawsuit over $20M
Adam America's Omri Sachs and Dvir Cohen with 2503-2509 Broadway (Google Maps; Adam America)

Adam America secures $63M in financing for Upper West Side project

Adam America secures $63M in financing for Upper West Side project
Convene CEO Ryan Simonetti (Convene)

Convene closes Manhattan locations as corporate events fail to return

Convene closes Manhattan locations as corporate events fail to return
New York City District Council of Carpenters’s Monitor Glen McGorty (iStock; LinkedIn)

NYC carpenters union changes how it roots out mob ties

NYC carpenters union changes how it roots out mob ties
The Economic Innovation Group identified 145 real estate investments in Opportunity Zones (iStock)

Real estate deals dominate Opportunity Zones. Is that bad?

Real estate deals dominate Opportunity Zones. Is that bad?
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...