538 Classon Avenue
Clinton Hill, Brooklyn
Parcel ID (BBL): 3019930003
Owner: Urban View Development Group
Acquired: October 27, 2021, $10.2 million
Debt: September 20, 2023, $15.5 million
Built: 2005
SF: 21,632
Dwelling units: 30
No. of buildings: 1
Class: Semi-fireproof (Without Stores) (D1)
Floors: 7
Legacy BBLs: 3019930003
Transactions:
• Urban View Development Group borrowed $15.5 million from Genesis Capital for 1071 Fulton Street, Clinton Hill, Brooklyn on September 20, 2023.
• Company sold 1071 Fulton Street, Clinton Hill, Brooklyn for $0 to company on August 23, 2022.
• Urban View Development Group borrowed $9.1 million from Goldman Sachs for 1071 Fulton Street, Clinton Hill, Brooklyn on October 27, 2021.
• New Start Development sold 1071 Fulton Street, Clinton Hill, Brooklyn for $10.2 million to Yehuda Cohen on October 27, 2021.
Development:
• Robert Michaeli filed plans for alteration in Clinton Hill, Brooklyn, on May 23, 2024.
• Robert Michaeli filed plans for alteration in Clinton Hill, Brooklyn, on September 18, 2023.
• Urban View Development Group filed plans for major alteration for 21,470 sqft in Clinton Hill, Brooklyn, on March 08, 2023.
• Robert Michaeli filed plans for A3 in Clinton Hill, Brooklyn, on November 04, 2022.
Condominium:
• Robert Michaeli filed plans CD230118 on May 08, 2023 for 32-unit condominium called 1079 Fulton Street Condominium at 1079 Fulton Street.
Violations:
According to city public data, the properties have received $655 in ECB penalties and $1,705 in OATH penalties in the last year.