Dovie Sperlin signs $13.5M refi loan with New York Community for rental in Crown Heights

Dovie Sperlin through the entity 1245 Realty LLC as borrower signed a refi loan agreement with lender New York Community Bank valued at $13.5 million for the 84-unit rental (D1) at 1245 Eastern Parkway in Crown Heights, Brooklyn.
The deal closed on April 13, 2021 and was recorded on April 26, 2021.
The property has 84,768 square feet of built space and 0 square feet of additional air rights for a total buildable of 57,437 square feet according to PincusCo analysis of city data. The loan price per built square foot is $159 per the PincusCo analysis.
The signatory for Dovie Sperlin was Dovie Sperlin.
Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000.
The owners according to the Department of Housing Preservation and Development includes Oscar Moncada, head officer and Harry Stein, officer. The business entity is 1245 Realty Llc.

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