975 Walton Avenue

Owner: Chestnut Holdings Of New York

Acquired: January 09, 2024, $18 million

Debt: January 09, 2024, $13.4 million

Built: 1930

SF: 279,000

Dwelling units: 182

No. of buildings: 1

Class: Semi-Fireproof With Stores (D7)

Floors: 6

HPD Ownership Registration Information

Last registered: 2025-08-12 (expires 2026-09-01)

Transactions:

• Chestnut Holdings of New York borrowed $13.4 million from Beltway Capital Management for 975 Walton Avenue, Concourse, Bronx on January 09, 2024.

• Benzion Kohn sold 975 Walton Avenue, Concourse, Bronx for $18 million to Chestnut Holdings of New York on January 09, 2024.

Development:

• Dalip Singh filed plans for alteration in Concourse, Bronx, on April 24, 2024.

• Harjit Singh filed plans for A3 in Concourse, Bronx, on July 30, 2012.

• Meyer Brecher filed plans for alteration in Concourse, Bronx, on January 22, 2013.

• Alan Ober filed plans for A3 in Concourse, Bronx, on January 10, 2013.

• Phil Goldstein filed plans for A3 in Concourse, Bronx, on September 16, 2010.

Litigation:

• Benzion Kohn on February 25, 2021, filed a $21.7 million bankruptcy 1-21-40487-jmm for 975 Walton Avenue.

• Jonathan Wiener filed a $21.7 million pre-foreclosure 802465/2021E on February 23, 2021, against Benzion Kohn at 975 Walton Avenue.

Violations:

According to city public data, the properties have received two DOB violations, $5,000 in ECB penalties, 244 housing violations, $9,000 in OATH penalties, and four housing litigations in the last year.

Latest Stories:

• Chestnut Holdings acquires bankrupt 182-unit rental in Concourse valued at $18M (January 10, 2024)