500A 5 Avenue

Owner: Slope Asset Management

Acquired: January 20, 2023, $2.7 million

Debt: February 24, 2026, $4.4 million

Built: 1920

SF: 3,600

Dwelling units: 2

No. of buildings: 1

Class: Primarily Two Family With Store or Office (S2)

Floors: 3

HPD Ownership Registration Information

Last registered: 2026-02-10 (expires 2026-09-01)

Transactions:

• Slope Asset Management borrowed $4.4 million from ConnectOne Bank for 500A 5th Avenue and 502 5th Avenue, South Slope, Brooklyn on February 24, 2026.

• John Hatzipetros sold 500A 5th Avenue, South Slope, Brooklyn for $2.7 million to Slope Asset Management on January 20, 2023.

Development:

• Ariel Akkad filed alteration job B00945568 for 1,286 sqft RES building with 2 apartments in South Slope, Brooklyn, on October 11, 2023.

• Ariel Akkad filed alteration job B00945547 for 1,286 sqft RES building with 2 apartments in South Slope, Brooklyn, on October 11, 2023.

• Mohamed Elchoum filed alteration job B00763714 for 480 sqft RES building with 2 apartments in South Slope, Brooklyn, on June 28, 2022.

• Singh Gurvinder filed alteration job B00742420 for 420 sqft building with 2 apartments in South Slope, Brooklyn, on May 20, 2022.

• John Petros filed alteration job 320096506 for RES building with 2 apartments in South Slope, Brooklyn, on November 12, 2009.

Violations:

According to city public data, the properties have received one DOB violation and $25 in OATH penalties in the last year.

Latest Stories:

• Slope Asset Management pays $5.4M for two mixed-use buildings in South Slope (January 23, 2023)