Growing Borough Park nonprofit HCS plans 97K sf community facility building

Shulim Greenfeld, director of operations of HCS submitted a new building construction project for a 96,898 square-foot community facility building at 4217 New Utrecht Avenue in Borough Park, Brooklyn. The plan was filed with the New York City Department of Buildings on February 1, 2023 under job number B00805221. It calls for the construction of an eight-story building. The project is described in the filing as: proposed eight-story commercial and community facility new building. The architect is S. Wieder Architect P.C.
HCS was previously known as Human Care Services for Families and Children Inc., and is a nonprofit based in Borough Park, serving children and adults with developmental disabilities. The nonprofit has expanded its services over the past several years, with its revenue, mostly derived from program services, growing from $17.8 million in in its 2017 fiscal year to $28.7 million in its 2020 fiscal year, according to its annual federal filings, called 990s reported by ProPublica.

The property

The existing property in Borough Park has 25,800 square feet of built space and 23,190 square feet of additional air rights for a total buildable of 49,003 square feet according to a PincusCo analysis of city data. The parcel has frontage of 126 feet and is 162 feet deep with a total lot size of 20,166 square feet. The lot is irregular. The zoning is R6 which allows for up to 2.43 times floor area ratio (FAR) for residential. The city-designated market value for the property in 2022 is $2.8 million.

Prior sales and revenue

This property was sold for $6 million on September 3, 2013.

Development

Shulim Greenfeld, director of operations of HCS submitted a new building construction project for a 96,898 square-foot 57 building at 4217 New Utrecht Avenue. The plan was filed on February 1, 2023. It calls for the construction of a 108-foot tall, eight-story building and was filed with the New York City Department of Buildings under job number B00805221. The architect is S. Wieder Architect P.C. The project is described in the filing as: accepted in consultation meeting on jan. 24th . assign to development hub. – proposed 8-story commercial and community facility new building.

Violations and lawsuits

According to city public data, the property has received four DOB violations in the last year.

There were no lawsuits or bankruptcies filed against the property for the past 24 months.

The neighborhood

In Borough Park, The bulk, or 24 percent of the 23.1 million square feet of commercial built space are specialty buildings, with mixed-use buildings next occupying 21 percent of the space. In sales, Borough Park has near average sales volume among other neighborhoods with $360.7 million in sales volume in the last two years and is the 20th highest in Brooklyn. For development, Borough Park has near average amount of major developments among other neighborhoods and is the 17th highest in Brooklyn. It had 1.1 million square feet of commercial and multi-family construction under development in the last two years, which represents 5 percent of the neighborhood’s built space.

The block

On the tax block, there were seven new building construction projects totaling 262,074 square feet. The largest is a 102,263 square-foot business (B) building submitted by Shabsi Pfeiffer with plans filed September 17, 2018 and it has not been permitted yet. The second largest is a 96,898 square-foot 57 building submitted by HCS and filed by Shulim Greenfeld with plans filed February 1, 2023 and it has not been permitted yet.

The surrounding

This is the first commercial real estate event of interest identified within the 400-foot radius of 1057 43 Street in the past 24 months.

Direct link to the property’s ACRIS page and link to DOB NOW portal.