EMP Capital Group Unveils 16-Story Rental Tower at 918 Atlantic Avenue in Crown Heights

Key Points

• EMP Capital Group revealed plans for 918 Atlantic Avenue, a 16-story, 99-unit rental building on the Crown Heights Prospect Heights border.
• The project will include 25 percent affordable housing at an average of 60 percent AMI, plus ground-floor retail and rooftop amenities.
• Designed by Fogarty Finger, construction is expected to begin in the spring of 2026 with delivery targeted for mid 2027.

Inside the 918 Atlantic Avenue Development

The proposed building will rise 16 stories and stand 184 feet tall, spanning 71,572 square feet. The project will deliver 99 rental apartments averaging 722 square feet, with addresses at both 918 Atlantic Avenue and 563 Washington Avenue. The design features a clean rectangular massing with a setback at the 13th floor and a partially covered loggia terrace on the top level. The façade is composed of sculpted white paneling framing floor-to-ceiling glass, including curved corner windows that add visual interest at the northwest edge. In addition to residential units, the building will include 3,132 square feet of ground-floor commercial space, a cellar level, and two rooftop terraces. Twenty-five percent of the apartments will be designated affordable at an average of 60 percent of the area median income, roughly $87,000 for a family of three. The site is currently occupied by low-rise commercial structures, making this a clear density upgrade along Atlantic Avenue.

Why Atlantic Avenue Continues to Work

Atlantic Avenue remains a magnet for multifamily development thanks to zoning capacity, strong transit access, and consistent renter demand. The site sits near the C train at Clinton Washington Avenues, offering direct connectivity to Downtown Brooklyn and Manhattan. For investors and landlords, the appeal is straightforward. Demand in Crown Heights and Prospect Heights has remained durable, while new supply has been measured rather than excessive. Projects of this scale tend to raise the quality bar without putting pressure on existing rent rolls, especially when a portion of units are income restricted.

What This Signals for Brooklyn Multifamily

The 918 Atlantic Avenue project reinforces that well-located, mid-rise rental developments can still move forward in Brooklyn despite high construction and financing costs. Institutional and private developers are continuing to target transit corridors where long-term fundamentals support rent growth and occupancy. For existing owners, new Class A supply along Atlantic Avenue often validates market rents rather than disrupting them. Replacement costs remain high, which continues to protect asset values across surrounding neighborhoods.

Bottom Line

918 Atlantic Avenue is a classic Brooklyn multifamily play built around location, scale, and mixed-income housing. With experienced sponsorship, modern design, and strong transit access, the project reflects continued confidence in Crown Heights and Prospect Heights as long-term rental markets.