499 East 8 Street
Kensington, Brooklyn
Parcel ID (BBL): 3053920071
Owner: Rubin Margules
Debt: August 07, 2026, $7.5 million
Built: 1963
SF: 88,528
Dwelling units: 83
No. of buildings: 1
Class: Semi-fireproof (Without Stores) (D1)
Floors: 6
HPD Ownership Registration Information
Last registered: 2025-08-15 (expires 2026-09-01)
M R A Property Co
Corporate Owner
20 OCEAN COURT BKLYN, NY, 11223
Arm Capital Resources
Agent
20 OCEAN COURT BKLYN, NY, 11223
Anar Ragimov
Site Manager
Transactions:
• Rubin Margules borrowed $7.5 million from FourLeaf Federal Credit Union for 499 East 8th Street, Kensington, Brooklyn on August 07, 2026.
• Rubin Margules borrowed $7.5 million from JPMorgan Chase for 499 East 8th Street, Kensington-Ocean Parkway, Brooklyn on October 28, 2020.
Development:
• Rubin Margules filed alteration job 340760377 for RES building with 83 apartments in Kensington, Brooklyn, on August 27, 2020.
• Joginder Singh filed alteration job B00337684 for 13,000 sqft building with 83 apartments in Kensington, Brooklyn, on April 10, 2020.
• Reuben Margolis filed alteration job 320722946 for COM building with 83 apartments in Kensington, Brooklyn, on February 20, 2013.
Violations:
According to city public data, the properties have received two DOB violations, 49 housing violations, and $650 in OATH penalties in the last year.