171 South Portland

Photo: East River Partners

East River Partners is laying down new-development tracks at a block-through compound just outside the historic district in Fort Greene.

The developer, known for its conversions of Brooklyn brownstones, is planning two adjacent four-story buildings at 171 South Portland Avenue and 164 South Oxford Street. The 50-foot-tall buildings will have a total of 14 units, according to permits filed January 30th. Barry Rice Architects is the architect of record.

The property, which consists of an Italianate 1865 townhouse and carriage house at 164 South Oxford and a garage at 171 South Portland, was marketed last spring as a “historic compound” by Corcoran, Brownstoner reported. The owner at the time was Belgian artist Marc Lambrechts, who bought the compound in 2000.

East River Partners bought the two parcels for $7.5 million in October 2013. Here’s an aerial shot of the property, via the Corcoran listing:

171 South Portland assemblage

Photo: Corcoran

The brick townhouse is a 5,500-square-foot building configured as a double duplex with a studio apartment. Behind the house, a big lawn leads to the brick carriage house, which has two one-bedroom apartments, a commercial studio and a large opening onto South Portland Avenue. At least one of those structures is going timber — demolition permits were filed December 2013 for 164 South Oxford. The assemblage came with up to 38,500 buildable square feet.

The East River Partners site gives scant information on the project, only describing it as “development of several adjacent parcels in Fort Greene, Brooklyn.”

In January, the New York Observer reported the sale, although the buyer was not disclosed. The seller’s broker, Corcoran’s Vicki Negron, anticipated that the mini-mansion townhouse would make way for 15 to 20 luxury condos. “The new owner will probably either raze the building, or build an enhancement to the back of it, to create a more modern multifamily configuration,” Negron told the Observer. “What was attractive to the buyer was this property’s unique configuration and its proximity to the transit hub at Barclays Center.”

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