1082 President Street

Owner: Shamco Management

Debt: July 22, 2026, $10.4 million

Built: 1915

Renovated: 1976

SF: 59,008

Dwelling units: 80

No. of buildings: 4

Class: Over Six Families Without Stores (C1)

Floors: 4

HPD Ownership Registration Information

Last registered: 2025-09-05 (expires 2026-09-01)

Transactions:

• Shamco Management borrowed $10.4 million from JPMorgan Chase for 1082 President Street, Crown Heights, Brooklyn on July 22, 2026.

Development:

• Carl Zekaria filed alteration job B01064072 for 60 sqft RES building with 21 apartments in Crown Heights, Brooklyn, on June 13, 2024.

• Carl Zekaria filed alteration job B01064142 for 60 sqft RES building with 21 apartments in Crown Heights, Brooklyn, on June 13, 2024.

• Carl Zekaria filed alteration job B01064149 for 60 sqft RES building with 21 apartments in Crown Heights, Brooklyn, on June 13, 2024.

• Carl Zekaria filed alteration job B01064104 for 60 sqft RES building with 21 apartments in Crown Heights, Brooklyn, on June 13, 2024.

• Carl Zekaria filed alteration job B01049034 for 59,008 sqft building with 20 apartments in Crown Heights, Brooklyn, on May 29, 2024.

Violations:

According to city public data, the properties have received 16 housing violations, $1,900 in OATH penalties, and one housing litigation in the last year.

Latest Stories:

• Crown Heights Associates LLC obtained financing of $10M from Santander Bank (July 30, 2019)