712 Croes Avenue

Owner: Douglaston Development

Debt: August 13, 2024, $98.8 million

Built: 1967

Renovated: 2017

SF: 225,216

Dwelling units: 174

No. of buildings: 4

Class: Semi-fireproof (Without Stores) (D1)

Floors: 6

Transactions:

• Douglaston Development borrowed $98.8 million from NYC Housing Development Corporation for 715 Noble Avenue, 1660 Lafayette Avenue, and 740 Beach Avenue, Soundview, Bronx on August 13, 2024.

• Douglaston Development, Asland Capital Partners and Breaking Ground borrowed $222.1 million from NYC Housing Development Corporation for 715 Noble Avenue, 740 Beach Avenue, and 710 Noble Avenue, Soundview, Bronx on August 02, 2024.

Development:

• Daniel Russo filed alteration job X01334383 for building in Soundview, Bronx, on March 17, 2026.

• Daniel Russo filed alteration job X01088765 for 1,000 sqft building with 59 apartments in Soundview, Bronx, on September 09, 2025.

• Daniel Russo filed alteration job X01088750 for 1,000 sqft building with 59 apartments in Soundview, Bronx, on June 20, 2025.

• Daniel Russo filed alteration job X01088704 for 1,000 sqft building with 59 apartments in Soundview, Bronx, on June 20, 2025.

• Daniel Russo filed alteration job X01181236 for 9,206 sqft building with 59 apartments in Soundview, Bronx, on March 17, 2025.

Violations:

According to city public data, the properties have received $5,030 in ECB penalties, $5,180 in OATH penalties, and three housing litigations in the last year.