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Greenwood gas station to be replaced by 150-unit residential building

The gas station will be replaced by an eight-story building that will likely be a rental development

Christopher Bride/PropertyShark

Yet another gas-station is being replaced by a residential building. This time, it’s in Greenwood, Brooklyn, just a block away from the cemetery. Development firm Heritage Equity Partners picked up this Mobil gas station site for $19.75 million earlier this month, property records indicate. The Real Deal first reported on the development, and the involvement of Heritage Equity, the same firm that’s also behind the massive office complex at 25 Kent Avenue, in Williamsburg.

In Greenwood, the site at 875 Fourth Avenue will sprout an eight-story building with 150 apartments, plans filed with the city’s Department of Buildings reveal. The residential space will span 102,070 square feet, which means apartments here average just a little over 680 square feet.

Amenities announced so far including multiple laundry rooms, and tenant recreation rooms. There will also be parking for 50 vehicles on site. The building is being designed by Fischer + Makooi Architects, and YIMBY has what appears to be the first rendering for the development, but we’re yet to confirm this from the developer.

This now marks the latest gas station lost to residential development across the city; just last year Brooklyn Borough President Eric Adams warned that the borough was set to lose about a dozen gas stations to new development in the coming years.