25 Arion Place
Bushwick, Brooklyn
Parcel ID (BBL): 3031360040
Owner: Shlomo Karpen
Debt: March 12, 2026, $14 million
Built: 1931
Renovated: 2003
SF: 54,159
Dwelling units: 66
No. of buildings: 2
Class: Over Six Families Without Stores (C1)
Floors: 4
Transactions:
• Shlomo Karpen borrowed $14 million from Newmark for 11 Arion Place and 9 Arion Place, Bushwick, Brooklyn on March 12, 2026.
Development:
• Moses Karpen filed major alteration job B00768943 for 64,577 sqft J-2 building with 66 apartments in Bushwick, Brooklyn, on September 21, 2022.
• Moses Karpen filed major alteration job 322033624 for 41,137 sqft R-1 building with 66 apartments in Bushwick, Brooklyn, on April 02, 2020.
• Moses Karpen filed alteration job B00847437 for 200 sqft R-2 building with 66 apartments in Bushwick, Brooklyn, on March 23, 2023.
• Moses Karpen filed alteration job B00841251 for 11,379 sqft building with 66 apartments in Bushwick, Brooklyn, on March 15, 2023.
• Moses Karpen filed alteration job B00826319 for 258 sqft J-2 building with 66 apartments in Bushwick, Brooklyn, on February 14, 2023.
Litigation:
• Moses Karpen, Shlomo Karpen and Mayer Schwartz filed a $1 million lawsuit 150902/2024 against NYC Loft Board on January 31, 2024,seeking a judgment related to loft boardat 11 Arion Place.
Violations:
According to city public data, the properties have received nine housing violations and $4,000 in OATH penalties in the last year.