The owner of properties on Myrtle and St. Nicholas avenues in the heart of Ridgewood is planning to construct a 17-story residential rental tower with 130 apartments, according to a source close to the project.
Construction permits have yet to be filed with the Buildings Department for the sites at 54-27 Myrtle Ave., and 336 and 350 St. Nicholas Ave., but early plans indicate that the project will have 200,000 square feet.
The building will also be mixed-use with retail space, the source said, but since the project is in the “very early stages,” designs and details may change.
Developer AB Capstone, which purchased the sites last year, filed demolition permits late last year for the sites, and recently posted an early rendering of the tower on its website.
The image shows the residential building with its entrance facing St. Nicholas Avenue. Other details about the building could not be confirmed yet, including price ranges or sizes for the units.
The development site is located a block from the L and M Myrtle-Wyckoff Avenues subway station, which will be a big benefit for future residents.