527 Myrtle Avenue

Owner: Sharif Khwaja

Acquired: July 17, 2024, $2.8 million

Debt: March 19, 2021, $4.5 million

Built: 0

Renovated: 2024

SF: 0

Dwelling units: 0

No. of buildings: 0

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

Transactions:

• Jason Lee sold 527 Myrtle Avenue, Clinton Hill, Brooklyn for $2.8 million to Sharif Khwaja on July 17, 2024.

• Heracles Acquisition Fund on March 19, 2021 bought a loan with an original principal of $4.5 million from Titan Capital, signed by Ira E. Saferstein, secured by 527 Myrtle Avenue, Clinton Hill, Brooklyn, when owned by Jason Lee.

Development:

• Hung Pin Hung filed plans for A3 in Clinton Hill, Brooklyn, on September 09, 2025.

• Hung Pin Hung filed plans for new building for 11,336 sqft in Clinton Hill, Brooklyn, on December 04, 2024.

• Hpd Representative filed plans for alteration in Clinton Hill, Brooklyn, on July 09, 2024.

• Hpd Representative filed plans for alteration in Clinton Hill, Brooklyn, on February 29, 2024.

• Hpd Representative filed plans for Full Demolition for 2,100 sqft in Clinton Hill, Brooklyn, on January 08, 2024.

Litigation:

• Erica Lee on September 21, 2023, filed a $1.4 million bankruptcy 1-23-43391-ess for 527 Myrtle Avenue.

• A $1.5 million lawsuit was filed 652938/2021 on May 02, 2021,seeking a money judgment related to settlementat 527 Myrtle Avenue.