25 Innovation Way East
East New York, Brooklyn
Parcel ID (BBL): 3044340010
Owner: Gotham Organization
Acquired: April 01, 2024, $13.9 million
Debt: April 08, 2024, $217.4 million
Built: 0
Renovated: 2024
SF: 352,872
Dwelling units: 573
No. of buildings: 2
Class: Fireproof – With Stores (D6)
Floors: 15
Legacy BBLs: 3044340001
Transactions:
• Gotham Organization, Christian Cultural Center and Monadnock Development borrowed $217.4 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for 30 Inspiration Lane, East New York, Brooklyn on April 08, 2024.
• Christian Cultural Center sold N/A Flatlands Avenue, East New York, Brooklyn for $13.9 million to Gotham Organization, Christian Cultural Center and Monadnock Development on April 01, 2024.
Development:
• Gotham Organization filed new building job B00851722 for 438,183 sqft R-2 building with 386 apartments in East New York, Brooklyn, on April 14, 2023.
• Thomas Barker filed alteration job B01289576 for building in East New York, Brooklyn, on October 23, 2025.
• Terence Ferguson filed alteration job B01265190 for 1 sqft building with 386 apartments in East New York, Brooklyn, on August 01, 2025.
• David Picket filed alteration job B01245772 for 1 sqft building with 386 apartments in East New York, Brooklyn, on July 02, 2025.
• Gilberto Dealmeida filed alteration job B01188899 for 4,000 sqft building with 0 apartments in East New York, Brooklyn, on April 02, 2025.
• Terence Ferguson filed alteration job B01182782 for 1,000 sqft building with 386 apartments in East New York, Brooklyn, on February 19, 2025.
Violations:
According to city public data, the properties have received two DOB violations, $5,030 in ECB penalties, and $5,030 in OATH penalties in the last year.