Eden Ashourzadeh signs $3.2M initial loan with Customers Bank for 4-family in Fort Greene

Eden Ashourzadeh through the entity 33 S Oxford LLC as borrower signed a initial loan with lender Customers Bank valued at $3.2 million for the four-unit building (C3) at 33 South Oxford Street in Fort Greene, Brooklyn.
The deal closed on April 23, 2025 and was recorded on April 30, 2025. The property has 2,520 square feet of built space and 840 square feet of additional air rights for a total buildable of 3,360 square feet according to a PincusCo analysis of city data. The loan price per built square foot is $1,273 and the price per buildable square foot is $955 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The owner bought the property on May 22, 2024, for $2.7 million. The signatory for Eden Ashourzadeh was Eden Ashourzadeh.

The property

The building with 4 residential units in Fort Greene has 2,520 square feet of built space and 840 square feet of additional air rights for a total buildable of 3,360 square feet according to a PincusCo analysis of city data. The parcel has frontage of 21 feet and is 80 feet deep with a total lot size of 1,680 square feet. The zoning is R6B which allows for up to 2 times floor area ratio (FAR) for residential with inclusionary housing. The property is in the Fort Greene Historic District. The city-designated market value for the property in 2022 is $1.6 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has received $100 in OATH penalties in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The block

On this tax block, PincusCo has identified the owners of seven of the 18 commercial properties representing 41,700 square feet of the 113,062 square feet. The largest owner is Ava Gerber, followed by Nathan Siony and then Andre Nobles.
There are no active new building construction projects on this tax block.

The majority, or 72 percent of the 113,062 square feet of built space are walkup buildings, with elevator buildings next occupying 21 percent of the space.

The borrower

The PincusCo database currently indicates that Eden Ashourzadeh owned at least seven commercial properties with 37 residential units in New York City with 34,455 square feet and a city-determined market value of $8.6 million. (Market value is typically about 50% of actual value.) Within the portfolio, the bulk, or 71 percent of the 34,455 square feet of built space are walkup properties, with C3 properties next occupying 19 percent of the space. They are all located in Brooklyn.

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