2400 Nostrand Avenue

Midwood, Brooklyn

Parcel ID (BBL): 3076110054

Acris records

Owner: Summit Properties

Acquired: April 20, 2026, $11.2 million

Debt: April 20, 2026, $8.3 million

Built: 1955

SF: 146,688

Dwelling units: 133

No. of buildings: 1

Class: Semi-fireproof (Without Stores) (D1)

Floors: 6

HPD Ownership Registration Information

Last registered: 2026-04-23 (expires 2026-09-01)

Ernest Mcclain

Head Officer

1350 6th Avenue 1925 New York, NY, 10019

Flgsp 2400 Nostrand Ave Llc

Corporate Owner

1350 6th Avenue 1925 New York, NY, 10019

Nieuw Amsterdam Property Management

Agent

80 Fifth Ave 1216 New York, NY, 10011

Jamie Lawler

Site Manager

Transactions:

Summit Properties borrowed $8.3 million from Flagstar Bank for 2400 Nostrand Avenue, Midwood, Brooklyn on April 20, 2026.

Pinnacle Group sold 2400 Nostrand Avenue, Midwood, Brooklyn for $11.2 million to Summit Properties on April 20, 2026.

Development:

• Isak Radoncic filed alteration job 340526513 for R-2 building with 133 apartments in Midwood, Brooklyn, on July 21, 2017.

• Meir Bouskila filed alteration job 310103376 for RES building with 133 apartments in Midwood, Brooklyn, on February 15, 2008.

Litigation:

Pinnacle Group on May 21, 2025, filed a $574.4 million bankruptcy 25-11050 for 2400 Nostrand Avenue that has creditor Flagstar Bank.

Flagstar Bank filed a $296.9 million pre-foreclosure 509749/2025 on March 22, 2025, against Pinnacle Group and Joel Wiener at 2400 Nostrand Avenue.

Violations:

According to city public data, the properties have received $600 in OATH penalties and one housing litigation in the last year.

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