350 Hicks Street
Cobble Hill, Brooklyn
Parcel ID (BBL): 3002820050
Owner: Sunlight Development
Acquired: March 05, 2026, $33.2 million
Debt: March 05, 2026, $17.5 million
Built: 2020
SF: 145,845
Dwelling units: 48
No. of buildings: 1
Class: With Residential Apartments (O8)
Floors: 20
Legacy BBLs: 3002820001
Transactions:
• Sunlight Development borrowed $17.5 million from S3 Capital for 350 Hicks Street, Cobble Hill, Brooklyn on March 05, 2026.
• Madison Realty Capital sold 350 Hicks Street, Cobble Hill, Brooklyn for $33.2 million to Sunlight Development on March 05, 2026.
• FTLP LLC on November 18, 2022 bought a loan with an original principal of an unknown amount from the prior lender, secured by 350 Hicks Street, Cobble Hill, Brooklyn, when owned by Madison Realty Capital.
• Madison Realty Capital borrowed $76.9 million from Apollo Global Management, Athene Annuity and Athora Holding for 350 Hicks Street and 91-95 Pacific Street, Cobble Hill, Brooklyn on November 18, 2022.
• Fortis Property Group sold 350 Hicks Street, Cobble Hill, Brooklyn for $53 million to Madison Realty Capital on November 18, 2022.
Development:
• Fortis Property Group filed new building job 320911091 for 117,244 sqft E building in Cobble Hill, Brooklyn, on February 13, 2018.
• Fortis Property Group filed new building job 321189584 for 117,244 sqft R-2 building with 48 apartments in Cobble Hill, Brooklyn, on December 06, 2016.
• Vincenzo Racamato filed alteration job B01203167 for 1,000 sqft building with 34 apartments in Cobble Hill, Brooklyn, on March 31, 2025.
• Zach Kadden filed alteration job B01190655 for 1,000 sqft building with 34 apartments in Cobble Hill, Brooklyn, on March 10, 2025.
• Zachary Kadden filed alteration job B00909908 for 1 sqft building with 0 apartments in Cobble Hill, Brooklyn, on August 02, 2023.
• Zachary Kadden filed alteration job B00878769 for 145,844 sqft R-2 building with 34 apartments in Cobble Hill, Brooklyn, on July 07, 2023.
• Zachary Kadden filed alteration job B00878746 for 145,844 sqft R-2 building with 48 apartments in Cobble Hill, Brooklyn, on June 30, 2023.
Condominium:
• Akiva Kobre filed plans CD180331 on August 17, 2018 for 66-unit condominium called 1 River Park Condominium at 350 Hicks Street.
Violations:
According to city public data, the properties have received two DOB violations and $13,500 in ECB penalties in the last year.