345 Ovington Avenue
Bay Ridge, Brooklyn
Parcel ID (BBL): 3058720068
Owner: Asian Americans For Equality
Acquired: June 06, 2024, $10.3 million
Debt: July 11, 2025, $17 million
Built: 2013
SF: 21,824
Dwelling units: 25
No. of buildings: 1
Class: Semi-fireproof (Without Stores) (D1)
Floors: 5
Legacy BBLs: 3058720063
Transactions:
• Asian Americans For Equality borrowed $17 million from Local Initiatives Support Corporation for 345 Ovington Avenue, Bay Ridge, Brooklyn on July 11, 2025.
• Asian Americans for Equality borrowed $12.1 million from Enterprise Community Partners for 345 Ovington Avenue, Bay Ridge, Brooklyn on June 06, 2024.
• Xi Hui Wu sold 345 Ovington Avenue, Bay Ridge, Brooklyn for $10.3 million to Asian Americans for Equality on June 06, 2024.
Development:
• Thomas Yu filed plans for alteration in Bay Ridge, Brooklyn, on May 22, 2025.
• Xi Wu filed plans for new building for 21,824 sqft in Bay Ridge, Brooklyn, on February 16, 2011.
• Xi Wu filed plans for A3 in Bay Ridge, Brooklyn, on May 13, 2011.
• Xi Wu filed plans for alteration in Bay Ridge, Brooklyn, on July 09, 2012.
• Xi Hui Wu filed plans for A3 in Bay Ridge, Brooklyn, on June 26, 2012.
Litigation:
• Shimon Avrahami filed a $900,000 lawsuit 506581/2025 against Sam Sprei on February 10, 2025,seeking a money judgment related to loanat 345 Ovington Avenue.
• Shimon Avrahami filed a $647,663 lawsuit 531351/2023 against Sam Sprei on October 27, 2023,seeking a money judgment related to partnershipat 345 Ovington Avenue.
• State of New York filed a $5 million lawsuit 452904/2022 against Xi Hui Wu on November 02, 2022,seeking a money judgment related to condo fraudat 345 Ovington Avenue.
• Xi Hui Wu on July 27, 2022, filed a $5.8 million bankruptcy 1-22-41782-jmm for 345 Ovington Avenue.
Condominium:
• Xi Wu filed plans CD130002 on January 07, 2013 for 38-unit condominium called Ovington Condominium at 345 Ovington Avenue.
Violations:
According to city public data, the properties have received $50 in OATH penalties in the last year.