2421 Albemarle Road
Flatbush, Brooklyn
Parcel ID (BBL): 3051100068
Owner: Icross Capital
Acquired: February 27, 2026, $7.5 million
Built: 2015
Renovated: 2015
SF: 38,493
Dwelling units: 43
No. of buildings: 1
Class: Fireproof (Standard Construction Without Stores) (D3)
Floors: 12
Legacy BBLs: 3051100068
Transactions:
• Hello Living sold 2417-2421 Albemarle Road, Flatbush, Brooklyn for $7.5 million to iCross Capital on February 27, 2026.
Development:
• Hello Living filed new building job 320915505 for 34,732 sqft R-2 building with 43 apartments in Flatbush, Brooklyn, on April 18, 2014.
• Eli Karp filed alteration job 340566122 for R-2 building with 43 apartments in Flatbush, Brooklyn, on November 30, 2017.
• Eli Karp filed alteration job 321281563 for R-2 building with 43 apartments in Flatbush, Brooklyn, on December 02, 2015.
Litigation:
• Lisa Stewart Hughes, Jonathan Mueller and Yitzchok & Leah Mueller on April 19, 2023, filed a $15 million bankruptcy 1-23-41326-nhl for 2417 Albemarle Road that has creditor Eli Karp, Hello Living and iCross Capital.
• iCross Funding and Lily Guo filed a $15 million pre-foreclosure 513790/2021 on June 09, 2021, against Hello Living and Eli Karp at 2417 Albemarle Road.
• Eli Karp and Hello Living filed a $30 million lawsuit 510138/2021 on April 29, 2021,seeking a judgment related to no loan defaultat 2417 Albemarle Road.
• Hello Living filed a $15 million lawsuit 506129/2021 against Arbor Realty Trust on March 15, 2021,seeking a judgment related to declaratory judgmentat 2417 Albemarle Road.
• A $3.5 million pre-foreclosure 651324/2021 was filed on February 26, 2021, against iCross Capital at 2417 Albemarle Road.
Violations:
According to city public data, the properties have received $1,250 in ECB penalties, $10,550 in OATH penalties, and two housing litigations in the last year.