477 Washington Avenue

Owner: Adi Michaeli

Acquired: November 25, 2025, $3 million

Debt: November 25, 2025, $5 million

Built: 1930

Renovated: 1987

SF: 4,000

Dwelling units: 5

No. of buildings: 1

Class: Five to Six Families (C2)

Floors: 4

HPD Ownership Registration Information

Last registered: 2020-11-24 (expires 2021-09-01)

Transactions:

• Adi Michaeli borrowed $5 million from Wisdom Capital for 477 Washington Avenue and N/A Washington Avenue, Clinton Hill, Brooklyn on November 25, 2025.

• Acorn Street Capital sold 477 Washington Avenue, Clinton Hill, Brooklyn for $3 million to Adi Michaeli on November 25, 2025.

• None sold 477 Washington Avenue, Clinton Hill, Brooklyn for $4.7 million to None on July 14, 2022.

Development:

• Tom Michaeli filed plans for Full Demolition for 4,000 sqft in Clinton Hill, Brooklyn, on September 29, 2025.

• Barry Leon filed plans for major alteration in Clinton Hill, Brooklyn, on May 20, 2011.

• Barry Leon filed plans for alteration in Clinton Hill, Brooklyn, on May 06, 2009.

Litigation:

• Acord Street Capital filed a $4.7 million lawsuit 501973/2023 against Barry Leon on January 19, 2023,seeking a judgment related to quiet titleat 477 Washington Avenue.

• Acorn Street Capital filed a $3.2 million pre-foreclosure 538048/2022 on December 29, 2022, against Barry Leon at 477 Washington Avenue.

Violations:

According to city public data, the properties have received $1,330 in OATH penalties in the last year.