Permits filed for development of two towers at 840 Atlantic Avenue in Prospect Heights, Brooklyn

Previous rendering of 840 Atlantic Avenue – IMC Architecture; Vanderbilt Atlantic Holdings, LLC

Permits have been filed for a two-tower, 17-story mixed-use building at 840 Atlantic Avenue in Prospect Heights, Brooklyn. Located between Atlantic Avenue and Pacific Street on Vanderbilt Avenue, the land is close to the 2, 3, 4, 5, N, Q, and R trains at the Atlantic Avenue-Barclays Center station and the Long Island Railroad at Atlantic Terminal. Suzuki Capital’s Tom Li is listed as the owner behind the apps. In September 2021, the New York City Council approved proposals to build a new 18-story mixed-use building, developed by Atlantic-Vanderbilt Holdings LLC and designed by IMC Architecture, with a mix of apartments priced from market and limited income, retail space, a community arts center and an underground parking garage.

The proposed 175-foot-tall development will yield 299,095 square feet, with 256,663 square feet earmarked for residential space, 33,632 square feet for commercial space and 8,800 square feet for community facilities space. The building will have 267 residences, most likely condos based on an average unit size of 961 square feet. The concrete-based structure will also have a cellar and 52 closed parking spaces.

Hamish Whitefield Architects is listed as the official architect.

Demolition permits have not yet been filed. An estimated completion date has not been announced.

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