Shorewood Real Estate Group files plans for a 233-unit mixed-use building in Bed-Stuy

Shorewood Real Estate Group, on June 18, filed a permit application for construction of a 233-unit, 195,548-square-foot mixed-use building at 1100 Myrtle Avenue in Bedford-Stuyvesant, Brooklyn.

The plans call for the construction of a 115-foot tall, 11-story, mixed-use building.

The project is described in the filings as: proposed new 11-story mixed-use building.

The cellar of the building will have bike storage (120 spaces), building storage, a dog wash amenity, a staff lounge, a laundry room, a locker room, an office, and retail storage, according to the plans. The ground floor will have a retail supermarket, office space, a residential lobby, mail room, and lounge. The second floor will have 20 units, along with an office, terrace, lounges, and a fitness center. Floors three through five will have 27 units, while floors 6 through 11 will have 22 units. The roof will provide an amenity deck. Additionally, the building will have 111 parking spaces. The units will most likely be rentals based on the average unit scope of 730-square-feet.

Hill West Architects is listed as the architect on the application.

The property is currently occupied by a warehouse, but no demolition plans have been filed.

Shorewood, along with their partner Prodigy Network, recently sold their property at 331 Park Avenue South in Flatiron to an anonymous buyer for $41.2 million. The average sale price per square foot was $1,114. The building sold for a loss, $11 million below it’s 2017 purchase price of $52.4 million.

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