588 4 Avenue

Owner: David Tabak

Debt: July 05, 2024, $24 million

Built: 2022

Renovated: 2021

SF: 47,125

Dwelling units: 46

No. of buildings: 1

Class: Fireproof – With Stores (D6)

Floors: 9

HPD Ownership Registration Information

Last registered: 2025-08-05 (expires 2026-09-01)

Transactions:

• David Tabak borrowed $24 million from Popular Bank for 584 4th Avenue, Gowanus, Brooklyn on July 05, 2024.

• David Tabak borrowed $19 million from Popular Bank for 584 4th Avenue, Gowanus, Brooklyn on August 22, 2022.

Development:

• Watermark Capital Group filed new building job 321598838 for 37,121 sqft R-2 building with 48 apartments in Gowanus, Brooklyn, on November 12, 2020.

• Marc Chemtob filed new building job 310219162 for 33,053 sqft R-2 building with 41 apartments in Gowanus, Brooklyn, on November 05, 2008.

• Marc Chemtob filed alteration job B01149487 for 1,570 sqft R-2 building with 46 apartments in Gowanus, Brooklyn, on December 05, 2024.

• Marc Chemtob filed alteration job B01049353 for 950 sqft R-2 building with 46 apartments in Gowanus, Brooklyn, on May 20, 2024.

• Eddie Gazheli filed alteration job B00766144 for 1 sqft building with 46 apartments in Gowanus, Brooklyn, on June 30, 2022.

• Eddie Gazheli filed alteration job B00754226 for 1 sqft building with 46 apartments in Gowanus, Brooklyn, on June 14, 2022.

• Eddie Gazheli filed alteration job B00754228 for 1 sqft building with 46 apartments in Gowanus, Brooklyn, on June 14, 2022.

Violations:

According to city public data, the properties have received $6,250 in ECB penalties and $6,350 in OATH penalties in the last year.

Latest Stories:

• Watermark, Yoel Werzberger sign $24M refi for newly built 46-unit rental in Gowanus (July 08, 2024)

• Watermark Capital, Yoel Werzberger get $19M construction loan for 48-unit project in Gowanus (August 23, 2022)