1853 Bathgate Avenue
Tremont, Bronx
Parcel ID (BBL): 2029170017
Owner: Lantern Organization
Acquired: January 19, 2024, $14.1 million
Debt: August 19, 2025, $18.5 million
Built: 2004
SF: 122,650
Dwelling units: 118
No. of buildings: 1
Class: Semi-fireproof (Without Stores) (D1)
Floors: 8
Legacy BBLs: 2029170017
HPD Ownership Registration Information
Last registered: 2025-06-03 (expires 2026-09-01)
Silverleaf Lp
Corporate Owner
42 WEST 39TH STREET 14 New York, NY, 10018
Rafal Markwat
Officer
42 WEST 39TH STREET 14 New York, NY, 10018
Arete Management Llc
Agent
42 WEST 39TH STREET 14 New York, NY, 10018
Carlos Guzman
Site Manager
Transactions:
• Lantern Organization borrowed $18.5 million from NYC Housing Development Corporation for 480 East 176th Street, Tremont, Bronx on August 19, 2025.
• Richman Group and U.S.A. Institutional Tax Credit Fund XXXIX L.P. sold 1852 Washington Avenue, Tremont, Bronx for $14.1 million to Lantern Organization on January 19, 2024.
Development:
• Eric Galloway filed new building job 200808199 for J-2 building with 118 apartments in Tremont, Bronx, on September 19, 2003.
• Rafal Markwat filed alteration job X01363095 for building in Tremont, Bronx, on March 12, 2026.
• Rafal Markwat filed alteration job X01259777 for building in Tremont, Bronx, on July 25, 2025.
• Rafal Markwat filed alteration job X01165180 for 126,004 sqft J-2 building with 118 apartments in Tremont, Bronx, on May 30, 2025.
• David Mateo filed alteration job X00875072 for 200 sqft J-2 building with 118 apartments in Tremont, Bronx, on July 31, 2024.
• David Mateo filed alteration job X00665512 for 56,000 sqft J-2 building with 118 apartments in Tremont, Bronx, on January 24, 2022.
Violations:
According to city public data, the properties have received $21,310 in ECB penalties, seven housing violations, and $21,460 in OATH penalties in the last year.