2698 Atlantic Avenue
East New York, Brooklyn
Parcel ID (BBL): 3036890012
Built: 2023
SF: 244,506
Dwelling units: 233
No. of buildings: 5
Class: Fireproof – With Stores (D6)
Floors: 14
Legacy BBLs: 3036890012
Transactions:
• Joel Schwartz borrowed $68.8 million from Bank of America for 2700 Atlantic Avenue, East New York, Brooklyn on October 06, 2025.
• Joel Schwartz borrowed $42 million from Golden Bridge Funding for 2700 Atlantic Avenue, East New York, Brooklyn on March 07, 2024.
• Joel Schwartz borrowed $42 million from Cross River Bank for 2700 Atlantic Avenue, East New York, Brooklyn on May 02, 2023.
• Montgomery Street Partners sold 2700 Atlantic Avenue, East New York, Brooklyn for $17 million to Invesco Real Estate on June 09, 2022.
• Joel Schwartz sold 2700 Atlantic Avenue, East New York, Brooklyn for $17 million to Montgomery Street Partners on September 14, 2021.
Development:
• Joel Schwartz filed new building job 340765602 for 158,730 sqft R-2 building with 227 apartments in East New York, Brooklyn, on September 14, 2020.
• Jerome Zwick filed alteration job B00996256 for 157,936 sqft building with 227 apartments in East New York, Brooklyn, on February 13, 2024.
• David Serby filed alteration job B00904135 for 50 sqft building with 0 apartments in East New York, Brooklyn, on July 17, 2023.
• Joel Schwartz filed alteration job B00854203 for 18,300 sqft building with 0 apartments in East New York, Brooklyn, on May 03, 2023.
• Joel Schwartz filed alteration job B00818807 for 1 sqft building with 227 apartments in East New York, Brooklyn, on January 26, 2023.
• Joel Schwartz filed alteration job B00818773 for 1 sqft building with 227 apartments in East New York, Brooklyn, on January 26, 2023.
Violations:
According to city public data, the properties have received one housing violation in the last year.
