News: Owners Developers & Managers

Douglaston Development launches sales at 75 Green Avenue

Brooklyn, NY Douglaston Developmen has launched sales at its landmarked condominium conversion project, 75 Greene Ave., with over 20% of the units already in contract. The project, which was financed with equity partner G4 Capital Partners, offers modern living in Fort Greene.

75 Greene Ave. is a landmarked 22-unit building that will offer a mix of 1, 2 and 3-bedroom homes, with select units featuring private outdoor space.Sales are being handled by MNS.

“We saw a huge opportunity to preserve and convert a historic Fort Greene landmark and add to the neighborhood fabric – a storied, family-oriented area of Brooklyn that’s mainly a brownstone community,” said Benjamin Levine, executive vice president of finance and acquisitions, of Douglaston Development.

 “Although we don’t typically take on projects of this scale, to be able to maintain that aesthetic and pay tribute to the history of 75 Greene Ave. while creating brand new homes is truly special and something we’re really proud of.”

“We are so excited to be able to bring this development to Fort Greene. It’s an extraordinary opportunity for us to offer a unique, landmarked condominium building in such a coveted neighborhood,” said Andrew Barrocas, CEO of MNS. “The response to our pre-marketing campaign has been overwhelming and we are very confident that this will be a highly successful development that will ultimately become a Fort Greene icon, and one that can’t be replicated.”

75 Greene Ave. encompasses the best of traditional Fort Greene living with the conveniences and amenities of a modern full-service condominium. With open layouts, contemporary finishes and chef quality kitchens, the residences combine the past with the present to offer a unique ownership opportunity. The custom kitchens feature natural stone slabs and are accompanied by Bertazzoni and Bosch appliances and the bathrooms are designed with tiled marble walls, heated floors and custom vanities.

Additionally, the project will feature four, 20’ wide townhouses located at 71 Greene Ave and 370, 372 and 374 Clermont Avenue. Additional information on this aspect of the project and the launch of sales for these townhouses will be available in early 2019.

The properties are situated in the heart of traditional Fort Greene, a designated Historic District, offering close proximity to Fort Greene Park which features playgrounds, tennis and basketball courts, and open green space. It’s also home to the Brooklyn Academy of Music (BAM), Pratt Sculpture Garden and the BRIC Arts Media House and several coffee shops, eateries and retail options. 75 Greene is directly between the C and G subway lines and additional transportation includes the B, D, N, R, Q, 2, 3, 4 and 5 lines.

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