115 Greenpoint Avenue

Owner: Csc Coliving

Acquired: December 30, 2019, $29 million

Debt: December 30, 2019, $24.6 million

Built: 1885

SF: 12,560

Dwelling units: 16

No. of buildings: 1

Class: Over Six Families Without Stores (C1)

Floors: 4

Transactions:

• Salt Equities borrowed $24.6 million from Ready Capital for 115 Greenpoint Avenue, 111 Greenpoint Avenue, 107 Greenpoint Avenue, Greenpoint, Brooklyn on December 30, 2019.

• Red Brick Properties sold 115 Greenpoint Avenue, 111 Greenpoint Avenue, 107 Greenpoint Avenue, Greenpoint, Brooklyn for $29 million to Salt Equities on December 30, 2019.

Development:

• Derek Hsiang filed plans for alteration in Greenpoint, Brooklyn, on October 19, 2022.

• Derek Hsiang filed plans for alteration in Greenpoint, Brooklyn, on February 05, 2022.

• Derek Hsiang filed plans for alteration in Greenpoint, Brooklyn, on September 08, 2020.

• David Slaven filed plans for alteration in Greenpoint, Brooklyn, on May 15, 2015.

• Derek Hsiang filed plans for alteration in Greenpoint, Brooklyn, on December 20, 2017.

Violations:

According to city public data, the properties have received $50 in OATH penalties in the last year.

Latest Stories:

• Smeke family’s CSC Coliving signs $30M refi with Barclays for three walkups in Greenpoint (May 06, 2024)

• Salomon and Alberto Smeke’s Salt Equities pays $29M to David Slaven’s Red Brick Properties for property in Greenpoint (January 02, 2020)

• Salomon and Alberto Smeke’s Salt Equities borrows $25M from Ready Capital for multifamily property in Greenpoint (January 02, 2020)