DOWNTOWN BROOKLYN – YIMBY has the exclusive first look at renderings of 1 Flatbush Avenue’s interiors and exteriors. The structure, triangularly shaped at the intersection of Flatbush Avenue and Fulton Street, will be adding new rental apartments to Downtown Brooklyn, 20% of which will let at affordable rates. Slate Property Group and Meadow Partners are responsible for the development.
183 apartments will be created, with 37 allocated as affordable. The deadline to apply for the affordable housing units has already passed. Those residencies started at $867 for studios, $931 for a one-bedroom, and $1,123 for a two-bedroom. The market-rate rentals will start at $2,250 for a studio, $2,895 for a one-bedroom, $3,415 for a two-bedroom with one bath, and $3,915 for two-bedroom, two-bath units.