711 Ralph Avenue
Brownsville, Brooklyn
Parcel ID (BBL): 3035090001
Owner: Benzion Wachsman
Acquired: April 16, 2024, $14.7 million
Debt: January 07, 2025, $10.9 million
Built: 1930
Renovated: 1981
SF: 29,200
Dwelling units: 39
No. of buildings: 1
Class: Over Six Families Without Stores (C1)
Floors: 4
Transactions:
• Benzion Wachsman borrowed $10.9 million from JPMorgan Chase for 701 Ralph Avenue, 29 Sutter Avenue, 32 Sutter Avenue, 26 Sutter Avenue, and 38 Sutter Avenue, Brownsville, Brooklyn on January 07, 2025.
• Essex Plaza Management Associates sold 701 Ralph Avenue, 29 Sutter Avenue, 32 Sutter Avenue, 26 Sutter Avenue, and 38 Sutter Avenue, Brownsville, Brooklyn for $14.7 million to Truman Management on April 16, 2024.
Development:
• Sydney Engel filed plans for alteration in Brownsville, Brooklyn, on June 25, 2010.
• Sydney Engel filed plans for alteration in Brownsville, Brooklyn, on January 28, 2016.
Violations:
According to city public data, the properties have received $2,680 in OATH penalties in the last year.