Brooklyn, NY West Egg Development, in partnership with Bobby Shamsian’s Brookbridge Developers, has acquired its fourth site on one block of East 53rd St. in the East Flatbush neighborhood. West Egg Development is owned and managed by Great Neck developer Sam Eshaghoff. This most recent acquisition by the firm, 76 East 53rd St., is currently a single-family property on the corner of Winthrop St. The site totals development potential of 9,069 s/f.

According to public records, Eshaghoff purchased 110 East 53rd St. in February 2019. With Brookbridge, he purchased 104-108 East 53rd St. in October 2019. In total, the four sites were purchased for $2.65 million and represent 27,000 s/f of development potential.
Renderings for West Egg’s projects show modern-looking facades with outdoor spaces, characteristic of high-end rental apartments.
The neighborhood is anchored by the gargantuan Kings County Hospital. As the next neighborhood just outside already-gentrified enclaves like Crown Heights and Prospect Lefferts Gardens, East Flatbush is becoming a playground for developers to capitalize on permissive zoning and a strong workforce population.