Demolition Planned for Downtown Brooklyn Apartment Building

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    The wrecking ball is coming for this attractive circa-1900 walkup at 88 Schermerhorn Street in Downtown Brooklyn, which sold for $11,000,000 last month and will be replaced by condos. The new owner, Second Development Services, filed a demolition application for the four-story, eight-unit building last Friday.

    A deed dated October 1 lists Second Development as the buyer. The site’s zoning allows a building as large as 33,330 square feet, which works out to a sale price of $330 per buildable square foot, a record for the area, according to GlobeSt.com, which covered the sale.

    SDS told the publication they’re going to build a 20-story condo on the lot between Boerum Place and Court Street. The developer is also working on the 29-story Vos Hotel at 95 Rockwell Place. GMAP

    Photo by Google Maps

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