229 Hicks Street

Brooklyn Heights, Brooklyn

Parcel ID (BBL): 3002480015

Acris records

Owner: Someraroad

Acquired: May 28, 2025, $100 million

Debt: May 28, 2025, $71 million

Built: 1909

Renovated: 1983

SF: 187,200

Dwelling units: 0

No. of buildings: 1

Class: Miscellaneous (H9)

Floors: 12

Transactions:

• SomeraRoad borrowed $71 million from Beach Point Capital Management for 98 Montague Street, Brooklyn Heights, Brooklyn on May 28, 2025.

• Beach Point Capital Management sold 98 Montague Street, Brooklyn Heights, Brooklyn for $100 million to SomeraRoad on May 28, 2025.

• Chetrit Group sold 98 Montague Street, Brooklyn Heights, Brooklyn for $1 million to Beach Point Capital Management on May 21, 2025.

• Beach Point Capital Management on May 07, 2024 bought a loan with an original principal of $112 million from Series 2019-BOSS|Trimont LLC, signed by Angela Gonzales, secured by 98 Montague Street, Brooklyn Heights, Brooklyn, when owned by Chetrit Group.

• Chetrit Group borrowed $112 million from Cantor Commercial Real Estate Lending for 98 Montague Street, Brooklyn Heights, Brooklyn on November 29, 2019.

Development:

• David Bistricer filed major alteration job 320374304 for 180,533 sqft R-1 building with 284 apartments in Brooklyn Heights, Brooklyn, on May 07, 2012.

• David Bistricer filed major alteration job 320374288 for 180,533 sqft R-1 building with 302 apartments in Brooklyn Heights, Brooklyn, on May 01, 2012.

• Fergus Campbell filed alteration job B01336443 for 3,595 sqft 70 building with 284 apartments in Brooklyn Heights, Brooklyn, on April 29, 2026.

• Eddie Gazheli filed alteration job B01381481 for 187,200 sqft building with 272 apartments in Brooklyn Heights, Brooklyn, on April 03, 2026.

• Eddie Gazheli filed alteration job B01307508 for 187,200 sqft building with 272 apartments in Brooklyn Heights, Brooklyn, on November 05, 2025.

• Eddie Gazheli filed alteration job B00872502 for 15,600 sqft building with 284 apartments in Brooklyn Heights, Brooklyn, on May 15, 2023.

• Meyer Chetrit filed alteration job B00379221 for 187,200 sqft building with 285 apartments in Brooklyn Heights, Brooklyn, on August 07, 2020.

Litigation:

• CF Trust 2019-BOSS filed a $112 million pre-foreclosure 510815/2022 on April 13, 2022, against Chetrit Group and Meyer Chetrit at 98 Montague Street.