Gili Haberberg borrows $18M from Axos Bank for nearly completed property in Flatbush

Gili Haberberg through the entity Clarkson BU LLC as borrower signed a loan agreement with lender Axos Bank valued at $17.5 million for 1 parcel containing 44 residential units at 77 Clarkson Avenue in Flatbush. The deal closed on March 31, 2020 and was recorded on April 16, 2020.
The property contains a total of 42,066 square feet of built space.
The average loan per unit is $380,435.
This loan refinanced $16 million in construction debt provided by Tideway Capital Partners and adds a $1.5 million gap loan. The developer filed for an initial TCO in December but the city has not yet issued one. The last time the property sold was May 20, 2016, for $1,884,984.

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. There was one renovation/alteration project (A2) applied for with a total estimated value of $162,883.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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