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204 4th Avenue
Update
10/16/23
13-Story Mixed-Use Project Tops Out in Gowanus
General contractor, , and subcontractor, Glenco Contracting, have topped out the concrete superstructure of a 13-story, mixed-use project, going up at 204 4th Avenue (alternately addressed as 653 Union Street) in Brooklyn's Gowanus neighborhood.
Jointly developed by Avery Hall and Gindi Capital, the structure will feature up-scale apartments, and square feet of ground floor retail space.
Plans also call for a number of tenant amenities including an outdoor pool and rooftop lounge, a fitness center, a co-working area, a dog bathing station, and a bicycle storage room.
Bound by Union Street, 4th Avenue, and Sackett Street, the project site spans square feet and was previously occupied by a Speedway gas station.
Designed by , the new building stands feet tall and totals square feet. Back in May, the team secured a $110 million loan to finance the project. Issued by Affinius Capital, this influx of capital is being used to fund all construction costs from the ground up. Work is scheduled to complete by January of 2025.
