Thursday, April 19, 2012

Prime Corner in Crown Heights to Sprout 8-Story Condo

A prime development site in Brooklyn, less than three blocks from the Brooklyn Botanical Garden and Prospect Park, is ready to break ground. The long vacant 14,000-square-foot lot, located at 341 Eastern Parkway at the corner of Franklin Avenue has been approved for a 77,000-square-foot, eight–story mixed-use development with 63 residential units. 

The site, which is at the corner of the fledgling Franklin Avenue retail corridor, has approved plans for more than 7,500 square feet of retail space, more than 870 square feet of community space and 38 parking spots.

The Franklin Avenue subway station, with access to the 2, 3, 4 and 5 trains, is also directly in front of the site. It is also near the Brooklyn Museum and Brooklyn Public Library.