$28.5M condo plan submitted at site of former historic villa in Clinton Hill

On June 29, a condominium plan was submitted by the entity 532 Clinton LLC for 14 residential units at 532 Clinton Avenue in the Clinton Hill neighborhood of Brooklyn.

The condo plan, CD210189, has a sellout price of $28,524,000 with the New York State Attorney General. Elizabeth McDonald is listed as the president on the filing, while Jason Blauvelt and Rocco Basile are listed as vice presidents. Buffalo Holdings LLC is also listed as a member.

The property is the site of a former famous Italianate Villa that was constructed in the 1850s. According to a feature piece on the building from Brownstoner, the villa was home to the Wyckoff family, members of one of Brooklyn’s oldest Dutch founding families, for years.

Yuval Golan of Bapaz Aderet Properties Corp. acquired the building in 2016 and filed plans to demolish the villa and construct a 70-foot tall, seven-story, 25,249-square-foot residential building at the site with 14 dwelling units.

The property was then sold again in 2019 for $6.5 million to 532 Clinton LLC. According to a report, the LLC shares an address with EM Development, which reportedly is behind several small development projects in Kensington, Bath Beach and Carroll Gardens. Elizabeth McDonald, the principal of the condo plan, also signed the loan documents as a member of the owner LLC.

The report also released a rendering of the condo, pictured below.

According to the plans, the floors one through seven of the building will each have two dwelling units per floor. The roof will have recreation space. The cellar will have a gym.