Shiraz Sanjana files plans for 18 units in Bay Ridge

Shiraz Sanjana submitted a new building construction project for a 18-unit, 26,059-square-foot residential (R-2) building at 428 97th Street in Bay Ridge, Brooklyn. The plan was filed on April 7, 2026. It calls for the construction of a 34-foot-tall, three-story building and was filed with the New York City Department of Buildings under job number B01371177. The project is described in the filing as: Proposed New Three (3) Story And Cellar Building With Eighteen (18) Residential Dwelling Units.. The applicant is the Registered Architect Francisco Nunez of Studio Gallos.

The neighborhood

In Bay Ridge, The bulk, or 30 percent of the 21 million square feet of commercial built space are elevator buildings, with walkup buildings next occupying 28 percent of the space. In sales, Bay Ridge has near average sales volume among other neighborhoods with $319.7 million in sales volume in the last two years and is the 25th highest in Brooklyn. For development, Bay Ridge has near average amount of major developments among other neighborhoods and is the 37th highest in Brooklyn. It had 215,733 square feet of commercial and multi-family construction under development in the last two years, which represents 1 percent of the neighborhood’s built space.

The block

On this tax block, PincusCo has identified the owners of two of the six commercial properties representing 10,383 square feet of the 23,394 square feet. The two identified owners are Mario Prestigiacomo and Rns Holdings.
On the tax block, there was one new building construction project filed totaling 18,999 square feet. It is a 18-unit, 18,999 square-foot residential (R-2) building submitted by Shiraz Sanjana and filed by Shiraz Sanjana with plans filed April 7, 2026 and it has not been permitted yet.

The Owner

The PincusCo database currently indicates that Rns Holdings owned at least 12 commercial properties with 27 residential units in New York City with 12,455 square feet and a city-determined market value of $5.3 million. (Market value is typically about 50% of actual value.) The portfolio has $11 million in debt, borrowed from Preferred Bank. Within the portfolio, the bulk, or 54 percent of the 12,455 square feet of built space are industrial properties, with development properties next occupying 46 percent of the space. They are all located in Brooklyn.

The surrounding

This is the first commercial real estate event of interest identified within the 400-foot radius of 428 97 STREET in the past 24 months.

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