14 53 Street

Sunset Park, Brooklyn

Parcel ID (BBL): 3008030192

Acris records

Owner: Capstone Equities

Acquired: September 12, 2023, $41.2 million

Debt: November 21, 2025, $9.2 million

Built: 1918

Renovated: 2015

SF: 382,080

Dwelling units: 0

No. of buildings: 1

Class: Office with Comm — 7 to 19 stories (O6)

Floors: 7

Transactions:

Capstone Equities borrowed $9.2 million from Argentic Investment Management for 14 53rd Street, Sunset Park, Brooklyn on November 21, 2025.

Nightingale Properties sold 14 53rd Street, Sunset Park, Brooklyn for $41.2 million to Capstone Equities on September 12, 2023.

Capstone Equities borrowed $49.5 million from Argentic Investment Management for 14 53rd Street, Sunset Park, Brooklyn on September 07, 2023.

Nightingale Properties sold 14 53rd Street, Sunset Park, Brooklyn for $75 million to Capstone Equities on September 07, 2023.

• Capstone Equities on May 26, 2023 bought a loan with an original principal of $88.9 million from TPG Real Estate Partners, signed by Deborah Ginsberg, secured by 14 53rd Street, Sunset Park, Brooklyn, when owned by Nightingale Properties.

Development:

• Daniel Cobleigh filed major alteration job 321197432 for 390,237 sqft F-2 building in Sunset Park, Brooklyn, on January 13, 2016.

• Michael Fabean filed alteration job B01362821 for 10,871 sqft F-2 building with 0 apartments in Sunset Park, Brooklyn, on March 06, 2026.

• Michael Fabean filed alteration job B01347022 for 700 sqft COM building with 0 apartments in Sunset Park, Brooklyn, on January 16, 2026.

• Michael Fabean filed alteration job B01325419 for 10,000 sqft 59 building with 0 apartments in Sunset Park, Brooklyn, on January 14, 2026.

• Michael Fabean filed alteration job B01307686 for 1,000 sqft building with 0 apartments in Sunset Park, Brooklyn, on October 24, 2025.

• Michael Fabean filed alteration job B01305396 for 1,000 sqft building with 0 apartments in Sunset Park, Brooklyn, on October 20, 2025.

Litigation:

• Simcha Hyman filed a $2 million lawsuit 654098/2024 against Elchonon Schwartz and Nightingale Properties on August 12, 2024,seeking a money judgment related to loanat 14 53 Street.

Capstone Equities filed a $88 million lawsuit 519886/2023 against Elchonon Schwartz and Nightingale Properties on July 11, 2023,seeking a money judgment related to loanat 14 53 Street.

Nightingale Properties filed a $22 million lawsuit 502059/2023 against TPG Capital on January 20, 2023,seeking a money judgment related to note saleat 14 53 Street.

Nightingale Properties filed a $20 million lawsuit 501640/2023 on January 17, 2023,seeking a money judgment related to note saleat 14 53 Street.

Violations:

According to city public data, the properties have received $7,500 in ECB penalties and $8,850 in OATH penalties in the last year.

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