340 Flatbush Avenue Extension
Brooklyn, NY 11201
212-974-2844
Residential, Multifamily
This property is a new development. The developer(s) filed plans in June of 2014 to build a 556,164-square-foot building at 340 Flatbush Avenue Extension in the Downtown Brooklyn neighborhood of Brooklyn. The plans call for 417 total units and an occupancy classification of R-2 - RESIDENTIAL: APARTMENT HOUSES. The building is owned by Chetrit Group. The building is under construction.
- Address 340 Flatbush Avenue Extension
- neighborhood Downtown Brooklyn
- borough Brooklyn
- owner Chetrit Group
- developer CHETRIT GROUP
- owner entity 340 FAE OWNER LLC
- architect Otte Architecture
- PLANS DISCLOSED 06/26/2014
- dob permit issued 08/21/2017
- DOB FILE PLANS 06/26/2014
- DOB FILE Link
- height in feet 1,066
- floors 73
- residential units 417
- total units 495
- square feet 556,164
- const. status UNDER CONSTRUCTION
- block and lot 3-00149-0100
- BIN 3000370
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- Event Financing
- Address 9 Dekalb Avenue
- Neighborhood Brooklyn Heights
- Borough Brooklyn
- Square feet 7,555,734
- Price $ 135,000,000
- Publication Date 04/01/2017
- Event Date 02/15/2017
- Party 1 JDS Development Group, Chetrit Group
- Party 2 Bank Of The Ozarks, Melody Finance
notes
The developers secured a $135 million bridge and pre-development loan for the mixed-use retail and multifamily tower.
- Event Retail Leasing
- Address 9 Dekalb Avenue|340 Flatbush Avenue Extension
- Neighborhood Downtown Brooklyn
- Borough Brooklyn
- Price $ 185,000,000
- Publication Date 02/01/2016
- Event Date 12/23/2015
- Party 1 Chetrit Group, JDS Development Group
- Party 2 Fortress Investment Group, SL Green Realty
notes
A $185 million combined loan was arranged for the two buildings.
03/29/2018
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