Located between West 195th Street and West 197th Street, the interior lot is closest to the Kingsbridge Road subway station, serviced by the 4 train. Hersh Klein of Excellent Interior Inc. is listed as the owner behind the applications, according to YIMBY.
The proposed 55-foot-tall development will yield 9,323 square feet designated for residential space. The building will have 17 residential units, most likely rentals, based on the average unit scope of 548 square feet. The steel-based structure will also have a penthouse, a 30-foot-long rear yard, and nine open parking spaces.
ADB Associates is listed as the architect of record. Demolition permits for the existing structure will likely not be needed according to YIMBY, as the development calls for a mere expansion. An estimated completion date for the expanded building has not yet been announced.
The effects of Bloomberg Real Estate madness. The destruction of private homes. It’s utterly disgusting and driving up real-estate taxes for smaller homes as a result of larger real-estate concerns that have gotten tax breaks recently. Bloomberg allowed this to happen by changing the laws to build on smaller properties and not giving any tax protections to those who already own and want to stay in their homes.