561 Gates Avenue

Owner: Center Street Capital

Debt: November 25, 2020, $6.8 million

Built: 1910

Renovated: 2015

SF: 10,570

Dwelling units: 15

No. of buildings: 1

Class: Over Six Families With Stores (C7)

Floors: 4

Transactions:

• Center Street Capital borrowed $6.8 million from Signature Bank for 561 Gates Avenue, 555 Gates Avenue, Bedford-Stuyvesant, Brooklyn on November 25, 2020.

Development:

• Maurice Nassiri filed plans for alteration in Bedford Stuyvesant, Brooklyn, on April 15, 2013.

• Eric Orlofsky filed plans for alteration in Bedford Stuyvesant, Brooklyn, on September 22, 2015.

• Maurice Nassiri filed plans for alteration in Bedford Stuyvesant, Brooklyn, on April 24, 2013.

• Eric Orlofsky filed plans for alteration in Bedford Stuyvesant, Brooklyn, on June 01, 2018.

• Eric Orlofsky filed plans for alteration in Bedford Stuyvesant, Brooklyn, on March 24, 2015.

Violations:

According to city public data, the properties have received five housing violations in the last year.