177 Palmetto Street
Bushwick, Brooklyn
Parcel ID (BBL): 3033420055
Owner: Corner Street Capital
Acquired: September 19, 2022, $11.6 million
Debt: January 21, 2022, $8.8 million
Built: 2021
Renovated: 2020
SF: 7,277
Dwelling units: 8
No. of buildings: 1
Class: Over Six Families Without Stores (C1)
Floors: 4
Legacy BBLs: 3033420055
Transactions:
• Joel Schwartz sold 177 Palmetto Street and 175 Palmetto Street, Bushwick, Brooklyn for $11.6 million to Corner Street Capital on September 19, 2022.
• Joel Schwartz borrowed $8.8 million from Customers Bank for 177 Palmetto Street and 175 Palmetto Street, Bushwick, Brooklyn on January 21, 2022.
• Company sold 177 Palmetto Street and 175 Palmetto Street, Bushwick, Brooklyn for $0 to company on January 21, 2022.
• Joel Schwartz borrowed $8.2 million from BridgeCity Capital for 177 Palmetto Street and 175 Palmetto Street, Bushwick, Brooklyn on October 25, 2021.
• Company sold 177 Palmetto Street and 175 Palmetto Street, Bushwick, Brooklyn for $0 to company on October 25, 2021.
Development:
• Paramjit Kaur filed plans for alteration in Bushwick, Brooklyn, on October 09, 2020.
• Yisroel G filed plans for alteration in Bushwick, Brooklyn, on September 02, 2020.
• Yisroel G filed plans for alteration in Bushwick, Brooklyn, on February 14, 2020.
• Yisroel G filed plans for alteration in Bushwick, Brooklyn, on September 13, 2019.
• Paramjit Kaur filed plans for alteration in Bushwick, Brooklyn, on October 20, 2020.
Violations:
According to city public data, the properties have received two housing violations and $250 in OATH penalties in the last year.