Eleven-Story Building Planned for 4th Avenue

A new 11-story residential development is planned for 4th Avenue between Douglass and Degraw Streets in Park Slope, according to a plan exam application first spotted by BuzzBuzzHome. The 18-unit building at 153 4th Avenue will have 15,414 square feet of residential space and 1,953 of community space. It will also have private storage, bike storage and a roof deck. The developer, Degraw Street Realty Corp., bought the land for $1,030,000 in 2008. S3 Architecture will design the building. The property currently houses a three-story building with a doctor’s office on the ground floor and three apartments above. GMAP

14 Comment

  • A narrow eleven story new build on a block of brownstones. Shouldn’t stick out too much.

    I’m not saying that 4th Ave is a thing of beauty, but at least consider the area around where you’re plunking a new building.

  • I thought 4th Ave was limited to 8 stories but I’m probably wrong.

    • actionjackson

      It was upzoned to R8 back in 2003 as part of the rezoning of Park Slope proper. Trade off for lower density on the side streets. In this case, an asinine attempt to max out the FAR on a small property. Agreed with Cay, “stick out much?”

      • You should know Action, you fought for and supported that zoning change. I guess it will stick out as long as 2 and 3 story building are still there. Considering the dollars they are tossing at owners who property values now are exceedingly higher for buildable SQF than the existing builidings’ SQF, I guess it won’t be long before 4th Ave is one long stretch of 12 story condo’s and the only out of place structures will be the 3 story buildings. Did you get what YOU wanted?

        • actionjackson

          Handle, I had nothing to do, support or otherwise, for the 2003 rezoning. And I would not have supported the upzoning on the avenues in 2003. It set president for the rest of the borough, including the upzoning in my neck of the woods. City Planning’s mistake in 2003 was their mandate in 2005-06, so the south blocks of the 2003 zoning change really did not have a choice.

          And read the post again, the building went for barely over 1M in 2008. Nowadays, triple that. Even then, I don’t buy the value argument. Brooklyn’s real estate boom came from many sources, not just zoning changes.

          • You didn’t march around the neighborhood protesting with your “Develop Don’t Destroy” signage before the rezoning and blog in support of the rezoning in the south slope? Maybe I was mistaken about that then and It was someone else.
            “Brooklyn Real Estate Boom” ? Nice try, but I was specifically talking about 4th Ave and the effect of up zoning to 12 stories. Properties on 4th Ave are selling for buildable SQF not existing SQF. Please don’t quote me a 2008 price at the height of the crash, instead tell me how much the RSStrauss lot is going for today (Per Buildable SQF). At least the holdouts remaining on 4th ave will know what they should sell for. They shouldn’t expect Daniel Goldstein money though.

          • actionjackson

            Handle, wrong dude and no need to get so testy over the realities of 4th Ave. I got over that a long time ago. I just wish CPC had made the affordable unit clause in the South Slope/Greenwood Hts. clause mandatory in order to get the R8A on 4th Ave. So far, no bitters, just more density.

            And Strauss, well the developer who tore down the Baptisit Church around the corner and put up the fugly condos, they must have lost their shirts and are selling. They owned Strauss as well (or from intel in the neighborhood). I have no doubt we’ll have another lux high density building there. At least now there’s mandatory commercial space on the ground floor, so we’ll still have some life on 4th Ave.

          • Well, Action, at least look at the bright side. AY yards is building thier residential towers with 20% going as affordable housing with very low rents comapred to those who will pay market. Good for them. Your right, they should have mandated a percentage as affordable. Permanently.

  • Handle is correct – it will only stick out until the other properties are developed according to the new zoning.
    The real question I have is would we (public) better off with a bunch of diverse narrow buildings or bigger combined parcels built into fewer large developments.

    • Considering that 7 lots near 10th st and 4th recently sold for about 10 Mill to one buyer and the old RSStraus store up for sale is a full city block wide, you will get the larger developments when the opportunity to combine or purchase larger parcels arises.

  • I think y’all should read the DOB paperwork. You will realize that the development site includes 155 4th Avenue which makes the footprint 40X100. Both lots are owned by the same people.

  • Permit says lot is 39′ wide….So I might surmise that project is for #153 and #155 4th. Not as narrow a bldg as you think.

  • Gross. Is this legal? Is there anyway to stop it? As commented 4′th Avenue is not the most scenic street, but Brownstone Brooklyn is being turned destroyed by these hideous new buildings.