3051 Atlantic Avenue
Cypress Hills, Brooklyn
Parcel ID (BBL): 3039570053
Built: 2024
Renovated: 2024
SF: 38,688
Dwelling units: 48
No. of buildings: 2
Class: Semi-Fireproof With Stores (D7)
Floors: 12
Transactions:
• Joel Schwartz borrowed $23 million from Ponce Bank for 3051 Atlantic Avenue, Cypress Hills, Brooklyn on May 05, 2026.
• Joel Schwartz borrowed $17.5 million from Yakar Partners for 3051 Atlantic Avenue, Cypress Hills, Brooklyn on March 13, 2025.
• Joel Schwartz borrowed $12.5 million from Yakar Partners for 3051 Atlantic Avenue, Cypress Hills, Brooklyn on February 05, 2025.
• Freida Vita Lo Bello estate sold 3051 Atlantic Avenue, Cypress Hills, Brooklyn for $2.1 million to Joel Schwartz on April 11, 2023.
Development:
• Barry Wagschal filed new building job B00735907 for 34,153 sqft R-2 building with 49 apartments in Cypress Hills, Brooklyn, on May 13, 2022.
• Jerome Zwick filed alteration job B01111125 for 34,484 sqft building with 49 apartments in Cypress Hills, Brooklyn, on October 07, 2024.
• Jerome Zwick filed alteration job B01113968 for 1 sqft building with 0 apartments in Cypress Hills, Brooklyn, on September 26, 2024.
• Jerome Zwick filed alteration job B01114052 for 1 sqft building with 0 apartments in Cypress Hills, Brooklyn, on September 26, 2024.
• Jerome Zwick filed alteration job B01113781 for 1 sqft building with 0 apartments in Cypress Hills, Brooklyn, on September 23, 2024.
• Jerome Zwick filed alteration job B01113976 for 1 sqft building with 0 apartments in Cypress Hills, Brooklyn, on September 23, 2024.
Most recent Zoning Diagram (ZD1)
Violations:
According to city public data, the properties have received one DOB violation, $2,500 in ECB penalties, and $6,150 in OATH penalties in the last year.