543 President Street

Owner: Rajesh Bhagia

Debt: July 25, 2025, $14.8 million

Built: 2022

Renovated: 2022

SF: 42,625

Dwelling units: 101

No. of buildings: 1

Class: Transient Occupancy-Midtown Mn Area (H3)

Transactions:

• Rajesh Bhagia borrowed $14.8 million from State Bank of Texas for 529 President Street, Gowanus, Brooklyn on July 25, 2025.

• Rajesh Bhagia borrowed $14.8 million from State Bank of Texas for 543 President Street, Gowanus, Brooklyn on September 14, 2022.

Development:

• Rajesh Bhagia filed plans for A3 in Gowanus, Brooklyn, on September 11, 2023.

• Rajesh Bhagia filed plans for alteration in Brooklyn, on September 05, 2023.

• Rajesh Bhagia filed plans for alteration in Brooklyn, on September 05, 2023.

• Rajesh Bhagia filed plans for alteration in Brooklyn, on September 05, 2023.

• Rajesh Bhagia filed plans for alteration in Brooklyn, on September 05, 2023.