581 4th Avenue

Rentals from $2,899 to $2,899
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581 4th Avenue, Kings County, NY
70 Units
11 Stories
1 - 2 Bedrooms
Completed Fall/Winter 2018
581 4th Avenue is a new apartment development at 581 4th Avenue, Kings County. The development was completed in 2018. Leases for available units range in price from $2,899 to $2,899. 581 4th Avenue has a total of 70 units.

581 4th Avenue Details

Building Type:
Leasing Status:
Rentals Started:
Summer 2018
Construction Status:
Construction Started:
Feb 2017
Completed In:
Fall/Winter 2018
Interior Designer(s):
Marketing Company:
Leasing Company:

Rental Prices

Rental Prices - Available Units:
from $2,899 to $2,899
Average Price per Sqft:
Cost to Rent Parking:
Cost to Rent Storage:

581 4th Avenue Summary

From The Daten Group:

575 4th Avenue, LLC has acquired several vacant parcels located at 573, 575, 577, 579 & 581 4th Avenue and 189-193, 195 Prospect Avenue in Brooklyn, New York. The acquisition closed on November 12, 2015 with all initial equity funds provided by principals of The Daten Group, LLC.

The Property is comprised of seven irregularly shaped lots located along the southeast corner of Fourth Avenue just north of Prospect Place and directly across the street from the R train line. 575 4th Avenue will be developed as a 11-story mixed use multifamily condominium with +/- 6,500 SF retail component. The approximately 22,000 SF site will make host to a +/- 100,000 SF building containing 70 apartments and 48 parking spots.

The project schedule calls for construction to begin in Q3 2016 and should take approximately 20 months with a targeted completion of Q2 2018. We estimate another nine months to close on sales for all the units.
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Updated: Oct 25, 2018
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