27 Jay Street
DUMBO, Brooklyn
Parcel ID (BBL): 3000200006
Owner: Joseph Torres
Debt: February 07, 2020, $18.5 million
Built: 1892
Renovated: 2002
SF: 47,735
Dwelling units: 26
No. of buildings: 1
Class: Semi-Fireproof With Stores (D7)
Floors: 5
Transactions:
• Joseph Torres borrowed $18.5 million from Citibank for 25 Jay Street, Fulton Ferry, Brooklyn on February 07, 2020.
Development:
• Ernest Zehiv filed plans for alteration in DUMBO, Brooklyn, on March 20, 2006.
• Joseph Torres filed plans for major alteration in DUMBO, Brooklyn, on November 14, 2000.
• Joe Torres filed plans for major alteration in DUMBO, Brooklyn, on February 15, 2011.
• Joe Torres filed plans for alteration in DUMBO, Brooklyn, on March 31, 2011.
• Joseph Torres filed plans for A3 in DUMBO, Brooklyn, on March 21, 2005.
Litigation:
• Joseph Torres Jr. on November 07, 2023, filed a $18.5 million bankruptcy 1-23-44083-ess for 25 Jay Street that has creditor Wells Fargo.
• Series 2020-B17 filed a $18.5 million pre-foreclosure 1:23-cv-01211-ENV-PK on February 14, 2023, against Joseph Torres at 25 Jay Street.
Violations:
According to city public data, the properties have received $3,125 in ECB penalties and $5,725 in OATH penalties in the last year.