A 105-year-old Cobble Hill landmark is on its way to condoville.
This week, Long Island College Hospital sold its grandest property: a limestone and brick home of the Lamm Institute, a child neurology clinic. Sources told The Stoop that the buyer intends to convert the two-story medical building — on the corner of Henry and Amity streets — into fancy apartments.
LICH spokeswoman Zippi Dvash said the sale came after hospital administrators realized that the 1902-built landmark was not up to today’s hospital safety codes.
“In the main hospital, wheelchair access is much easier,” she said.
Dvash declined to comment on economic factors that may have contributed to the sale. The sale, however, certainly made the hospital a windfall.
One area broker said condos in the building could go for as much as $1,000 a square foot.
“A developer will do very well at that location,” said Roslyn Huebener of Aguayo & Huebener.
But before any luxury condos are built, the city’s Landmark Preservation Commission must approve renovation plans. The developer will be required to maintain the building’s Greek-revival faÃ§ade and obey the landmark district’s 60-foot building height limit.