240 Willoughby Street
Fort Greene, Brooklyn
Parcel ID (BBL): 3020880025
Owner: Farallon Capital Management
Acquired: July 22, 2025, $210.5 million
Debt: July 22, 2025, $141.5 million
Built: 1946
Renovated: 2023
SF: 379,683
Dwelling units: 477
No. of buildings: 1
Class: Converted (D5)
Floors: 33
Legacy BBLs: 3020880030
Transactions:
• Farallon Capital Management, MCB Real Estate and Fetner Properties borrowed $141.5 million from M&T Bank for 240 Willoughby Street, Fort Greene, Brooklyn on July 22, 2025.
• Rabsky Group sold 240 Willoughby Street, Fort Greene, Brooklyn for $210.5 million to Farallon Capital Management, MCB Real Estate and Fetner Properties on July 22, 2025.
• Rabsky Group borrowed $108 million from Madison Realty Capital for 240 Willoughby Street, Fort Greene, Brooklyn on February 26, 2025.
• Montgomery Street Partners sold 240 Willoughby Street, Fort Greene, Brooklyn for $75.7 million to Montgomery Street Partners and Invesco Real Estate on June 16, 2022.
• Rabsky Group sold 240 Willoughby Street, Fort Greene, Brooklyn for $75 million to Montgomery Street Partners on December 29, 2021.
Development:
• Rafael Rabinowitz filed major alteration job B00525904 for 182,395 sqft R-2 building with 111 apartments in Fort Greene, Brooklyn, on May 26, 2021.
• Harold Fetner filed alteration job B01386348 for building in Fort Greene, Brooklyn, on April 15, 2026.
• Rafael Rabinowitz filed alteration job B01055588 for building in Fort Greene, Brooklyn, on May 22, 2024.
• Rafael Rabinowitz filed alteration job B01019951 for 1 sqft building with 0 apartments in Fort Greene, Brooklyn, on March 14, 2024.
• Rafael Rabinowitz filed alteration job B00973366 for building in Fort Greene, Brooklyn, on December 14, 2023.
• Rafael Rabinowitz filed alteration job B00811753 for 1 sqft building with 0 apartments in Fort Greene, Brooklyn, on January 13, 2023.
Violations:
According to city public data, the properties have received $1,874 in ECB penalties, two housing violations, and $4,169 in OATH penalties in the last year.