Giron Contracting pays $6.7M to Avdoo for dev site in Park Slope

Giron Contracting through the entity 419-423 Dean Street LLC paid $6.7 million to Avdoo through the entity 604 Pacific Owner LLC for the property at 419 to 423 Dean Street in Park Slope, Brooklyn. The expected use is ground up development.
The deal closed on October 16, 2025 and was recorded on October 27, 2025.
The signatory for Avdoo was Shlomo Avdoo . The signatory for Poise Property Group was Daniel Kaykov . The contract date was September 11, 2025.

Prior sales and revenue

Prior to this transaction, PincusCo has records that Daniel Kaykov’s affiliate Poise Property Group purchased three properties in three transactions for a total of $26.7 million and has no record it sold any properties over the past 24 months.
The seller Avdoo purchased 11 properties in five transactions for a total of $81.4 million and had not sold any properties over the same time period.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the properties for the past 24 months. In addition, according to city public data, the properties have received $12,500 in ECB penalties and $12,500 in OATH penalties in the last year.

Development

On these lots, there are two active new building construction projects and major alteration projects with initial costs more than $5 million, totaling 40,438 square feet. The largest, B01108712, is a new building project for a five-unit, 20,219 square-foot R-2 building submitted by Avdoo and filed by Shlomo Avdoo (using the spelling Shlomi) with plans filed September 18, 2024 and it has not been permitted yet. The second largest, B01110047, is a new building project for a five-unit, 20,219 square-foot R-2 building submitted by Avdoo and filed by Shlomo Avdoo with plans filed September 18, 2024 and it has not been permitted yet.

The block

On the tax block of 423 Dean Street, PincusCo has identified the owners of four of the eight commercial properties representing 81,707 square feet of the 149,120 square feet. The largest owner is Michael Pintchik, followed by Louis Malone and then Avdoo & Partners Development.
On the tax block, there were three new building construction projects totaling 58,279 square feet. The largest is a five-unit, 20,219 square-foot residential (R-2) building submitted by Avdoo & Partners Development and filed by Shlomi Avdoo with plans filed September 18, 2024 and it has not been permitted yet. The second largest is a five-unit, 20,219 square-foot residential (R-2) building submitted by Avdoo & Partners Development and filed by Shlomi Avdoo with plans filed September 18, 2024 and it has not been permitted yet.

The majority, or 28 percent of the 149,120 square feet of built space are retail buildings, with elevator buildings next occupying 24 percent of the space.

The buyer

The PincusCo database currently indicates that Poise Property Group owned at least five commercial properties with 34 residential units in New York City with 57,336 square feet and a city-determined market value of $2.7 million. (Market value is typically about 50% of actual value.) The portfolio has $35.3 million in debt, with top three lenders as Preferred Bank, Ponce Bank, and MidFirst Bank respectively. Within the portfolio, the bulk, or 74 percent of the 57,336 square feet of built space are elevator properties, with industrial properties next occupying 13 percent of the space. They are all located in Brooklyn.

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