1042 President Street

Crown Heights, Brooklyn

Parcel ID (BBL): 3012800029

Acris records

Owner: Jacob Fulop

Acquired: June 25, 2021, $400,000

Debt: June 27, 2024, $21.6 million

Built: 2023

SF: 35,571

Dwelling units: 55

No. of buildings: 1

Class: Semi-fireproof (Without Stores) (D1)

Floors: 8

Legacy BBLs: 3012800028

HPD Ownership Registration Information

Last registered: 2024-09-23 (expires 2025-09-01)

Jacob Fulop

Head Officer

100 A BROADWAY 456 BKLYN, NY, 11249

President Lofst Llc

Corporate Owner

100 A BROADWAY 456 BKLYN, NY, 11249

Loom Capital Management

Agent

100 A BROADWAY 456 BKLYN, NY, 11249

David Salamon

Site Manager

Transactions:

• Company sold 1042 President Street, Crown Heights, Brooklyn for $0 to company on August 20, 2024.

Jacob Fulop borrowed $21.6 million from Bank of Montreal for 1042 President Street, Crown Heights, Brooklyn on June 27, 2024.

• Company sold 1042 President Street, Crown Heights, Brooklyn for $0 to company on November 30, 2023.

• Company sold N/A President Street and 1046 President Street, Crown Heights, Brooklyn for $0 to company on July 09, 2021.

• Company sold N/A President Street and 1046 President Street, Crown Heights, Brooklyn for $0 to company on June 25, 2021.

Development:

• Mandip Kaur filed plans for alteration in Crown Heights, Brooklyn, on December 13, 2022.

• Mandip Kaur filed plans for alteration in Crown Heights, Brooklyn, on September 28, 2022.

Jacob Fulop filed plans for alteration in Crown Heights, Brooklyn, on July 20, 2021.

Jacob Fulop filed plans for alteration in Crown Heights, Brooklyn, on July 15, 2021.

Jacob Fulop filed plans for alteration in Crown Heights, Brooklyn, on April 27, 2021.

Violations:

According to city public data, the properties have received $425 in OATH penalties in the last year.

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