348 East 18 Street

Owner: Croman Real Estate

Debt: November 03, 2025, $0

Built: 1910

Renovated: 1987

SF: 18,240

Dwelling units: 24

No. of buildings: 1

Class: Over Six Families Without Stores (C1)

Floors: 6

Transactions:

• Bellwether Asset Management on November 03, 2025 bought a loan with an original principal of $3 million from Flagstar Bank, signed by Mitchel Baffa, secured by 346 East 18th Street, Gramercy, Manhattan, when owned by Croman Real Estate.

Development:

• Steven Croman filed plans for alteration in Gramercy, Manhattan, on November 19, 2020.

• Steven Croman filed plans for alteration in Gramercy, Manhattan, on May 07, 2018.

• Steven Croman filed plans for alteration in Gramercy, Manhattan, on October 22, 2014.

• Steven Croman filed plans for alteration in Gramercy, Manhattan, on May 31, 2019.

• Croman Steven filed plans for alteration in Gramercy, Manhattan, on May 23, 2019.

Litigation:

• Bellwether Asset Management filed a $11.8 million pre-foreclosure 850510/2025 on November 13, 2025, against Croman Real Estate and Steven Croman at 346 East 18 Street.

Violations:

According to city public data, the properties have received 18 housing violations, $4,050 in OATH penalties, and one housing litigation in the last year.