2732 Creston Avenue

Owner: Doe Fund

Acquired: September 17, 2024, $26 million

Debt: September 17, 2024, $30.3 million

Built: 2022

Renovated: 2021

SF: 37,744

Dwelling units: 65

No. of buildings: 1

Class: Semi-fireproof (Without Stores) (D1)

Floors: 8

Legacy BBLs: 2033150019

Transactions:

• Doe Fund borrowed $30.3 million from Doe Fund 2732/2738 Creston Avenue Lease-Backed Pass-Through Trust Series 2024 for 2738 Creston Avenue, Bedford Park, Bronx on September 17, 2024.

• SKF Development sold 2738 Creston Avenue, Bedford Park, Bronx for $26 million to Doe Fund on September 17, 2024.

• SKF Development borrowed $17.5 million from Metropolitan Commercial Bank for 2738 Creston Avenue, Bedford Park, Bronx on March 11, 2024.

Development:

• Edward Kelly filed plans for alteration in Bedford Park, Bronx, on July 27, 2022.

• Michael Froning filed plans for alteration in Bedford Park, Bronx, on July 23, 2021.

• Michael Froning filed plans for alteration in Bedford Park, Bronx, on February 05, 2019.

• Mandip Kaur filed plans for alteration in Bedford Park, Bronx, on September 18, 2020.

• Mandip Kaur filed plans for alteration in Bedford Park, Bronx, on September 18, 2020.

Violations:

According to city public data, the properties have received six housing violations in the last year.

Latest Stories:

• Doe Fund pays $26M to SKF Development for new 65-unit building in Bedford Park (September 18, 2024)