230 Classon Avenue | Brooklyn, NY

230 Classon Avenue

Site

The site is in the Clinton Hill neighborhood of Brooklyn and is part of the St. Mary’s Episcopal Church property. The site is very close to the Brooklyn Museum and the Brooklyn Academy of Music; just one block from the site, Myrtle Avenue is now home to many new restaurants and cafes serving a wide variety of cuisine.

Project Overview

We will build a 140-unit residential rental building, with all units being market rate. There will be a rooftop gym, virtual doorman, and finishes on the higher end. The building will be “green”, and will have a 5,000 sq. ft. plus community facility space which will be part of a condominium.

Project Financing

Conventional Bank Financing, CMC Equity, Rivington Partners.

Project Schedule

  • Financing Applications: 1/2019
  • Construction Closing: 6/2019
  • Occupancy: 3/2021

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