531 86 Street
Bay Ridge, Brooklyn
Parcel ID (BBL): 3060360053
Owner: A&H Acquisitions
Acquired: November 25, 2020, $14.1 million
Debt: July 22, 2024, $9.8 million
Built: 1926
Renovated: 2019
SF: 32,941
Dwelling units: 0
No. of buildings: 1
Class: Two Story or Store and Office (K2)
Floors: 2
Transactions:
• A&H Acquisitions borrowed $9.8 million from Metropolitan Commercial Bank for 531 86th Street, Bay Ridge, Brooklyn on July 22, 2024.
• Alex Adjmi borrowed $10 million from Signature Bank for 531 86th Street, Bay Ridge, Brooklyn on April 07, 2021.
• Helene Family Holdings sold 531 86th Street, Bay Ridge, Brooklyn for $14.1 million to Alex Adjmi on November 25, 2020.
Development:
• Gita Carter filed major alteration job 321783361 for 30,116 sqft B building in Bay Ridge, Brooklyn, on August 08, 2018.
• Wayne Eisenbaum filed major alteration job 320897534 for 30,067 sqft B building in Bay Ridge, Brooklyn, on December 03, 2013.
• Joshua Posner filed alteration job B01251816 for 21,812 sqft 56 building with 0 apartments in Bay Ridge, Brooklyn, on February 16, 2026.
• Joshua Posner filed alteration job B01212215 for 148 sqft building with 0 apartments in Bay Ridge, Brooklyn, on May 06, 2025.
• Joshua Posner filed alteration job B01212229 for 85 sqft building with 0 apartments in Bay Ridge, Brooklyn, on April 22, 2025.
• Joshua Posner filed alteration job B01212228 for 150 sqft building with 0 apartments in Bay Ridge, Brooklyn, on April 22, 2025.
• Joshua Posner filed alteration job B01156587 for 5,641 sqft 56 building with 0 apartments in Bay Ridge, Brooklyn, on December 17, 2024.
Litigation:
• Tim Ziss and Allied Properties on March 31, 2023, filed a $1 million bankruptcy 23-41131-jmm for 531 86 Street that has creditor A&H Acquisitions.
Violations:
According to city public data, the properties have received $1,000 in OATH penalties in the last year.