299 Alabama Avenue
East New York, Brooklyn
Parcel ID (BBL): 3037690001
Owner: Camber Property Group
Acquired: February 01, 2022, $107.5 million
Debt: October 10, 2024, $96.3 million
Built: 1975
SF: 153,588
Dwelling units: 195
No. of buildings: 3
Class: Fireproof (Standard Construction Without Stores) (D3)
Floors: 6
Transactions:
• Camber Property Group borrowed $96.3 million from Merchants Capital for 579 Blake Avenue, 592 Sutter Avenue, 330 Sheffield Avenue, and 350 Sheffield Avenue, East New York, Brooklyn on October 10, 2024.
• Camber Property Group borrowed $90 million from Merchants Bank of Indiana for 579 Blake Avenue and 350 Sheffield Avenue, East New York, Brooklyn on February 01, 2022.
• Omni New York sold 579 Blake Avenue and 350 Sheffield Avenue, East New York, Brooklyn for $107.5 million to Camber Property Group on February 01, 2022.
Development:
• Jozef Nikaj filed plans for alteration in East New York, Brooklyn, on May 14, 2025.
• Jozef Nikaj filed plans for alteration in East New York, Brooklyn, on May 14, 2025.
• Jozef Nikaj filed plans for alteration in East New York, Brooklyn, on May 14, 2025.
• Constantinos Ioannou filed plans for alteration in East New York, Brooklyn, on April 08, 2025.
• Constantinos Ioannou filed plans for alteration in East New York, Brooklyn, on April 08, 2025.
Violations:
According to city public data, the properties have received two DOB violations, $2,500 in ECB penalties, 95 housing violations, and $3,150 in OATH penalties in the last year.