1520 Fulton Street

Owner: Dalan Real Estate

Acquired: October 13, 2022, $34.5 million

Debt: October 13, 2022, $25 million

Built: 2015

Renovated: 2015

SF: 68,024

Dwelling units: 49

No. of buildings: 1

Class: Semi-Fireproof With Stores (D7)

Floors: 9

Legacy BBLs: 3018640014

Transactions:

• Company sold 1520 Fulton Street, Bedford-Stuyvesant, Brooklyn for $0 to company on October 13, 2022.

• SKW Funding borrowed $25 million from Amalgamated Bank for 1520 Fulton Street, Bedford-Stuyvesant, Brooklyn on October 13, 2022.

• Windsor Global and Jacob Gold sold 1520 Fulton Street, Bedford-Stuyvesant, Brooklyn for $34.5 million to SKW Funding and Dalan Managment on October 13, 2022.

• Windsor Global borrowed $23 million from Customers Bank for 1520 Fulton Street, Bedford-Stuyvesant, Brooklyn on February 11, 2021.

• Windsor Global borrowed $23 million from Madison Realty Capital for 1520 Fulton Street, Bedford-Stuyvesant, Brooklyn on January 25, 2021.

Development:

• Jake Nestola filed plans for alteration in Bedford Stuyvesant, Brooklyn, on February 27, 2024.

• Jake Nestola filed plans for alteration in Bedford Stuyvesant, Brooklyn, on June 12, 2023.

• Ory Yemini filed plans for alteration in Bedford Stuyvesant, Brooklyn, on November 04, 2021.

• Ory Yemini filed plans for alteration in Bedford Stuyvesant, Brooklyn, on November 02, 2021.

• Eli Karp filed plans for alteration in Bedford Stuyvesant, Brooklyn, on September 24, 2015.

Violations:

According to city public data, the properties have received one housing violation and $650 in OATH penalties in the last year.

Latest Stories:

• SKW Funding, Dalan pay $34.5M to Windsor Global, Jacob Gold for 44-unit rental in Bedford-Stuyvesant (October 14, 2022)

• Madison Realty collaterally assigns $26M to Customers Bank secured by Bed-Stuy property (February 12, 2021)

• Windsor Global refis $23M from Madison Realty Capital for 44-unit Bed-Stuy development (January 26, 2021)