70 Cedar Street
Brooklyn
Parcel ID (BBL): 3032320005
Debt: August 29, 2025, $70.8 million
Built: 2023
Renovated: 2022
SF: 118,265
Dwelling units: 139
No. of buildings: 1
Class: Fireproof (Standard Construction Without Stores) (D3)
Floors: 19
Legacy BBLs: 3032320001
Transactions:
• Shlomo Karpen borrowed $70.8 million from Newmark for 60 Cedar Street, Bushwick, Brooklyn on August 29, 2025.
• Shlomo Karpen borrowed $54.6 million from Popular Bank for N/A Cedar Street, None, Brooklyn on July 06, 2023.
• Shlomo Karpen borrowed $7 million from Skybrook Capital for 60 Cedar Street, Bushwick, Brooklyn on January 19, 2023.
Development:
• Louis Handler filed plans for alteration in Bushwick, Brooklyn, on August 08, 2023.
• Louis Handler filed plans for alteration in Bushwick, Brooklyn, on August 28, 2024.
• Eddie Gazheli filed plans for alteration in Bushwick, Brooklyn, on August 03, 2023.
• Eddie Gazheli filed plans for alteration in Brooklyn, on June 09, 2023.
• Eddie Gazheli filed plans for alteration in Brooklyn, on May 22, 2023.
Most recent Zoning Diagram (ZD1)
Violations:
According to city public data, the properties have received two DOB violations, $1,250 in ECB penalties, and $1,560 in OATH penalties in the last year.