New condo plans: $42M in Prospect Heights, $41M in Flushing

Two new condominium plans were recently submitted to the New York State Attorney General, on in Prospect Heights with and the other in Flushing.

In the larger, the Brooklyn Home Company, on February 9, submitted a condominium plan with the New York State Attorney General for its development at 484-490 Sterling Place in Prospect Heights, Brooklyn. The plans have an initial sellout price of $41,989,000. William Caleo of Brooklyn Home Company is listed as the principal of the sponsor.

The properties were acquired for $20 million in 2016 and 2017.

According to the plan, the condominium will have 25 residential units and one commercial unit.

In May of 2018, new building plans were filed with the NYC Department of Buildings calling for an 72-foot tall, seven-story, 36,015-square-foot residential building with 25 residential units. William Caleo was the owner representative on the filing.

Robert Litchfield Architect is listed as the architect on the Department of Buildings filing.

In the Flushing condo plan, NY Excelsior Development LLC submitted a condominium plan last month with the New York State Attorney General for its development at 132-27 41st Road in Flushing, Queens. The plans have an initial sellout price of $40,926,000. Gina Young is listed as the principal of the sponsor.

The property was acquired for $3.6 million in 2008.

According to the plan, the condominium will have 30 residential units and seven commercial unit.

In January of 2018, new building plans were filed with the NYC Department of Buildings calling for a 77-foot tall, eight-story, 28,756-square-foot residential building with 30 residential units. Gina Young was the owner representative on the filing.

ArchinetNY INC is listed as the architect on the Department of Buildings filing.