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By Julian Nazar – Staff Reporter, New York Business Journal
Oct 28, 2022 Updated Oct 28, 2022, 2:35pm EDT
New York City developer New Empire Corp. has just acquired two neighboring development sites in Brooklyn.
One is located at 757-767 Flatbush Avenue while the other is at 21 Lenox Road. Both sites are in Flatbush and total between them about 38,000 square feet.
The existing structures at these locations will be demolished.
The new mixed-use building will feature ground-floor retail space as well as provide up to 150 one-and-two-bedroom condominium units. Residents of the building will have access to outdoor amenities such as a landscaped green space.
It is within walking distance to Prospect Park and is near Church Avenue subway station, which provides access to the 2 and 5 trains.
This is New Empire Corp.'s fourth acquisition of development sites this year.
“Following our sales success at our nearby 567 Ocean project, we aim to deliver a similar living experience that prioritizes quality construction and attainable luxury to such a vibrant and fast-growing community," New Empire Corp.’s Chairman and CEO said in a press release.