Five-Story Mixed-Use Building With Affordable Rentals to Replace Clinton Hill Bakery

Madison Realty Capital has filed permits for the building that will replace the commercial bakery at 551 Waverly Avenue in Clinton Hill. Our suspicions that it would be apartments is correct: It will be five stories with 122 rentals — and 20 percent of them will be affordable, New York YIMBY reported.

HTO Architect is the designer. The building, whose official address will be 555 Waverly, will have 122,000 square feet of space, including 7,700 square feet for retail. What do you think of the plans?

Permits Filed: 555 Waverly Avenue in Clinton Hill [NYY] GMAP
Clinton Hill Factory Near Hot Bird Trades for $23.5 Million, Apartments Possible [Brownstoner]
Photo by Christopher Bride for PropertyShark