984 Atlantic Avenue

Owner: Raphael Baruch Elkaim

Acquired: July 23, 2025, $21.1 million

Debt: June 29, 2026, $7.5 million

Built: 1980

SF: 68,100

Dwelling units: 0

No. of buildings: 1

Class: Office with Comm — 1 to 6 stories (O5)

Floors: 4

Transactions:

• Raphael Baruch Elkaim borrowed $7.5 million from Jacobs Real Estate Advisors for 984 Atlantic Avenue, 971 Pacific Street, 534 Grand Avenue, and 963 Pacific Street, Crown Heights, Brooklyn on June 29, 2026.

• BLDG Management sold 984 Atlantic Avenue, 971 Pacific Street, 534 Grand Avenue, and 963 Pacific Street, Crown Heights, Brooklyn for $21.1 million to 4403 15th Ave #543 Brooklyn, NY 11219 registered on July 23, 2025.

Development:

• Mohamed Rahmati filed major alteration job 301469658 for B-2 building in Crown Heights, Brooklyn, on November 27, 2002.

• Christa Collier filed alteration job B01368917 for 1,250 sqft building with 4 apartments in Crown Heights, Brooklyn, on April 02, 2026.

• Christa Collier filed alteration job B01321231 for 200 sqft B-2 building with 0 apartments in Crown Heights, Brooklyn, on December 30, 2025.

• Christa Collier filed alteration job B01321939 for 20 sqft B-2 building with 0 apartments in Crown Heights, Brooklyn, on December 10, 2025.

• Christa Collier filed alteration job B01321239 for 4,000 sqft B-2 building with 0 apartments in Crown Heights, Brooklyn, on December 10, 2025.

• Christa Collier filed alteration job B01321234 for 600 sqft B-2 building with 0 apartments in Crown Heights, Brooklyn, on December 10, 2025.

Litigation:

• Raphael B. Elkaim and Benjamin Schonberg on July 18, 2024, filed a $2.7 million bankruptcy 1-24-42977-nhl for 984 Atlantic Avenue.

Violations:

According to city public data, the properties have received $600 in OATH penalties in the last year.