28 Erasmus Street

Owner: Woodmont Development

Debt: December 03, 2025, $20 million

Built: 1931

SF: 40,078

Dwelling units: 0

No. of buildings: 1

Class: Warehouse, Self Storage (E7)

Floors: 3

Transactions:

• Woodmont Development borrowed $20 million from PGIM Real Estate for 28 Erasmus Street, Flatbush, Brooklyn on December 03, 2025.

• BCG Holdings on January 03, 2025 bought a loan with an original principal of $13 million from Valley National Bank, signed by Travis Lan, secured by 28-46 Erasmus Street, Flatbush, Brooklyn, when owned by Stop & Stor.

Development:

• Neil Simon filed plans for alteration in Flatbush, Brooklyn, on February 18, 2025.

• Neil Simon filed plans for alteration in Flatbush, Brooklyn, on July 28, 2022.

• Neil Simon filed plans for alteration in Flatbush, Brooklyn, on September 25, 2020.

• Neil Simon filed plans for major alteration in Flatbush, Brooklyn, on March 24, 2005.

• Neil Simon filed plans for A3 in Flatbush, Brooklyn, on December 23, 2004.

Violations:

According to city public data, the properties have received $50 in OATH penalties in the last year.