1501 Chestnut Avenue
Midwood, Brooklyn
Parcel ID (BBL): 3067350080
Owner: Dermot Company
Acquired: April 06, 2022, $180 million
Debt: April 06, 2022, $108 million
Built: 2017
Renovated: 2016
SF: 382,162
Dwelling units: 302
No. of buildings: 1
Class: Fireproof – With Stores (D6)
Floors: 8
HPD Ownership Registration Information
Last registered: 2025-07-24 (expires 2026-09-01)
The Vitagrapg Reit Llc
Corporate Owner
1277 EAST 14TH STREET MGM OF Brooklyn, NY, 11230
Dermot Realty Managment Company
Agent
729 7TH AVE 15FL New York, NY, 10019
Iryna Burmagin
Site Manager
Transactions:
• Dermot Company borrowed $108 million from Signature Bank for 1277 East 14th Street, Midwood, Brooklyn on April 06, 2022.
• Hampshire Properties sold 1277 East 14th Street, Midwood, Brooklyn for $180 million to Dermot Company on April 06, 2022.
• Hampshire Properties borrowed $92.1 million from Berkshire Group for 1263 East 14th Street, Midwood, Brooklyn on October 22, 2020.
Development:
• Baljinder Singh filed plans for A3 in Midwood, Brooklyn, on July 23, 2015.
• Issac Adler filed plans for A3 in Midwood, Brooklyn, on July 31, 2017.
• Tamara Yakubova filed plans for A3 in Midwood, Brooklyn, on September 06, 2017.
• Robert Rosenthal filed plans for alteration in Midwood, Brooklyn, on December 23, 2014.
• Hampshire Properties filed plans for new building for 276,761 sqft in Midwood, Brooklyn, on December 08, 2014.
Violations:
According to city public data, the properties have received five housing violations, $100 in OATH penalties, and one housing litigation in the last year.