Considered by many an insufferable eyesore, 505 2nd Street has finally had a well-deserved transformation —both inside and out. The conversion lasted a significant, two-year term to turn the unfortunate-looking building into its newly transformed state —and that included restoring the building’s interiors, sprucing up its façade, and a few other structural elements, like the replacement of the joist and some reconstruction of the roof and inside ceiling.
The hefty task of the building's recovery was undertaken by Sugar Hill Capital Partners, who purchased the property off of a historic Park Slope block. New Amsterdam Design Associates (NADA), a division of Sugar Hill, led the redesign —hoping to make the dilapidated structure complement the serene architectural landscape of the neighborhood once again.
The hefty task of the building's recovery was undertaken by Sugar Hill Capital Partners, who purchased the property off of a historic Park Slope block. New Amsterdam Design Associates (NADA), a division of Sugar Hill, led the redesign —hoping to make the dilapidated structure complement the serene architectural landscape of the neighborhood once again.
Now that the project has finally completed, we got to glimpse into the interiors and are happy to report that looking at the four luxurious units within, it's hard to believe this was ever anything but an opulent, family-sized lowrise.
The structure's facade doesn't showcase any shocking additions, instead, it looks like a freshly painted, newly-built development. But within are found some very interesting details. Each floor holds a three-bedroom apartment, over an entire floor, complete with a distinctive, rounded 180-degree corner alcove —made possible by renovating the building’s original turret— and a staggering number of windows (17 windows each). This practically guarantees that interiors will be light and airy, and that the versatile layouts, penned by the designers, will allow the corner great rooms and master suites to reach tremendous sizes.
The structure's facade doesn't showcase any shocking additions, instead, it looks like a freshly painted, newly-built development. But within are found some very interesting details. Each floor holds a three-bedroom apartment, over an entire floor, complete with a distinctive, rounded 180-degree corner alcove —made possible by renovating the building’s original turret— and a staggering number of windows (17 windows each). This practically guarantees that interiors will be light and airy, and that the versatile layouts, penned by the designers, will allow the corner great rooms and master suites to reach tremendous sizes.
The masterfully-designed homes can be entered through the lobby, via the virtual doorman and the private, keyed elevator. Kitchens are endowed with Carrera marble counters, honed black granite backsplash, artisan cabinetry, a Sub-Zero refrigerator, top-of-the-line Miele appliances, and a Summit wine refrigerator. Bathrooms showcase Duravit fixtures and marble tiles. The master suite has a bath and a separate spa shower, as well as, access to the private balcony.
As for amenities, these include a separate laundry room and a high-performance Mitsubishi multi-zone heating and cooling systems. There is a common roof deck with spectacular views and a separate kitchen for barbecuing and grilling upstairs. The building is equipped with storage for packages, private storage in the basement, and additional storage space for bikes and strollers.
Even before the slated completion, the charming units have been all but snatched up. The fourth-floor unit and the penthouse have abeen spoken for —with tenants eager to move in sometime soon. The penthouse unit, which was listed at $3.5 million, caught the eye of Douglas Elliman, who will use the unit as their Park Slope office. The last pair of units is still waiting for eager buyers. One is currently listed at $3,125,000, and both encompass 2,116 square feet of space, 30' living/dining rooms, floor-to-ceiling windows, and sweeping views of Manhattan and Park Slope.
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