856 Washington Avenue and 816 Washington Avenue
Two vastly different projects have topped out along Washington Avenue in Prospect Heights: a high-end amenity-filled 14-story condo at 856 Washington and an affordable 5-story rental at 816 Washington – a juxtaposition that only highlights the neighborhood's changing real estate market. The rental is more or less bringing back the site's original affordable building that was destroyed in a massive fire in 2011, but the contemporary condo underway will look nothing like it's Neoclassical predecessor, the former Green Point Savings Bank, which was demolished in 2016. Sad.
856 Washington Avenue at Prospect Park. Rendering via Valyrian Capital
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856 Washington topped out at 14 stories
(CityRealty)
856 Washington Avenue recently launched a teaser site, meaning sales should start fairly soon. The project is getting developed by Valyrian Capital and The Daten Group, who enlisted Kutnicki Bernstein Architects for the design. The building will sprout 26 condos, ranging from studios to three-bedrooms, and amenities that incude a fitness room, bike room, tenant storage, a lounge, package room, laundry facilities, a third-floor amenity terrace, and a roof deck.
An offering plan filed with the New York attorney general’s office shows a projected sellout of $58.35M for the condo. This means the residences, which average $2.24M each, qualify as Brooklyn luxury prices (typically defined as $2M or more).
An offering plan filed with the New York attorney general’s office shows a projected sellout of $58.35M for the condo. This means the residences, which average $2.24M each, qualify as Brooklyn luxury prices (typically defined as $2M or more).
816 Washington Avenue rendering via Brownstoner
816 Washington topped out at 5 stories
(CityRealty)
Just a block away, ELH Management is developing 816 Washington, which will house eight units (former tenants are guaranteed spots), and contain 3,135 square feet of commercial space on the ground floor. Permits list a laundry room as an amenity. The rental will sport a red-brick facade courtesy of affordable housing architect pros, Dattner Architects. Other future affordable buildings to look forward to from the design firm include 145-149 West 108th Street and 10 Halletts Point.
Both developments are just steps away from Prospect Park, the Brooklyn Museum, Brooklyn Botanic Garden, and the 2 and 3 trains at Eastern Parkway.
Would you like to tour any of these properties?
Content Specialist
Sandra Herrera
Sandra Herrera is a writer, editor, and graphic designer based in Brooklyn, NY.
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