The Parkline

626 Flatbush Avenue, Brooklyn (Prospect – Lefferts Gardens), NY

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Property Type

Rental Apartments + Retail + Community Facility

Project Type

Development – New Construction

Role

Limited Partner

Development Cost

$93.6 million

Square Footage

247,995

Number of Units

254

Developer Partner

The Hudson Companies

Architect

Marvel Architects

Construction Lender

Citibank

Completion

January 2016

This newly constructed, 23-story 80/20 residential tower combines 254 studio, one, two, and three-bedroom rental residences, with contiguous low-rise commercial and community facility space, which is occupied by Maple Street School and Greenlight Bookstore.

The Parkline is expected to receive certification under the U.S. Green Building Council’s LEED program and to achieve ENERGY STAR status by meeting stringent requirements for energy efficiency and environmental sustainability. The project features a co-generation power station, which decreases its reliance on the municipal power grid.

The property incorporates beautifully appointed unit finishes, 24-hour concierge, multiple outdoor terraces, a residents’ chef kitchen and dining room, screening room, lounge, children’s playroom, pet grooming station, and gym with yoga room. It also features unprecedented views over Prospect Park, the Manhattan skyline, and the Verrazano Bridge. The historic 583-acre Prospect Park is located one block away, and the building is served by the B and Q transit lines.