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    77 Commercial Street

    77 Commercial Street
    Brooklyn, NY 11222
    Office, Retail, Residential, New Construction, Leasing/Rental, Other, Multifamily

    77 Commercial Street is a residential development site in Greenpoint, Brooklyn, that the Chetrit Group, a family-owned developer and landlord, acquired for $25 million in March 2012 from New York Community Bank. Chetrit partnered with David Bistricer-led Clipper Equity on the deal. The site, between Manhattan Avenue and Franklin Street and near the border with Queens, is home to a 95,000-square-foot warehouse. It has over 230 feet of frontage along the water. The Chetrit Group plans to build a 30-story, 224-apartment unit building at No. 77 and a 40-story, 296-unit building at No. 87, designed by CetraRuddy Architecture, the New York City-based architecture and interior design firm, on the waterfront site. A third building, at No. 85, would be six stories tall and hold 200 apartments. It would also have a 300-spot underground parking, bike storage, and ground-floor retail. Chetrit said it would set aside 200 affordable housing units in the development. Amenities in the building would be accessible to all occupants, and the lower-level affordable units would have views of the East River and Manhattan skyline. Chetrit and Clipper Equity will also contribute to the creation of a new park called Box Street Park.

    • Address 77 Commercial Street
    • neighborhood Greenpoint
    • borough Brooklyn
    • owner Chetrit Group
    • developer Chetrit Group
    • architect Cetraruddy Architecture
    • PLANS DISCLOSED 09/15/2014
    • dob permit issued 06/05/2015
    • DOB FILE PLANS 09/15/2014
    • DOB FILE Link
    • height in feet 402
    • floors 40
    • residential units 298
    • total units 296
    • square feet 240,163
    • const. status UNDER CONSTRUCTION
    • block and lot 3-02472-0410
    • BIN 3063675
    • Event Sales
    • Address 77 Commercial Street
    • Neighborhood Greenpoint
    • Borough Brooklyn
    • Price $ 25,000,000