495 Degraw Street

Owner: Midwood Investment & Development

Debt: January 13, 2026, $14.2 million

Built: 0

Renovated: 2007

SF: 0

Dwelling units: 0

No. of buildings: 0

Class: Not Zoned Residential or Manhattan Below 110 St (V1)

Transactions:

• Midwood Investment & Development borrowed $14.2 million from Affinius Capital for 479 Degraw Street, 261 Bond Street, and 198 Douglass Street, Gowanus, Brooklyn on January 13, 2026.

• Valley National Bank on April 08, 2025 bought a loan with an original principal of $14.2 million from Brookfield Properties, signed by Elizabeth Vinci, secured by 479 De Graw Street, Gowanus, Brooklyn, when owned by Midwood Investment & Development.

• BCG Holdings on January 03, 2025 bought a loan with an original principal of $14.2 million from Valley National Bank, signed by Travis Lan, secured by 210 Douglass Street, Gowanus, Brooklyn, when owned by Midwood Investment & Development.

• Midwood Investment & Development borrowed $14.2 million from Valley National Bank for 210 Douglas Street, Gowanus, Brooklyn on February 23, 2022.

Development:

• John Usdan filed plans for alteration in Gowanus, Brooklyn, on January 17, 2023.

• Andrew Horan filed plans for alteration in Gowanus, Brooklyn, on December 05, 2022.

• John Usdan filed plans for demolition in Gowanus, Brooklyn, on May 05, 2022.

• George Magnifico filed plans for alteration in Gowanus, Brooklyn, on September 03, 2013.

• George Magnifico filed plans for major alteration in Gowanus, Brooklyn, on July 05, 2013.