1481 Sterling Place

Owner: Carlyle Group

Acquired: September 21, 2023, $3.4 million

Debt: June 15, 2023, $0

Built: 1901

Renovated: 2018

SF: 4,955

Dwelling units: 8

No. of buildings: 1

Class: Over Six Families Without Stores (C1)

Floors: 4

Transactions:

• Mark Fernandez sold 1481 Sterling Place, Crown Heights, Brooklyn for $3.4 million to Carlyle Group and Greenbrook Partners on September 21, 2023.

• Wachtel Missry registered on June 15, 2023 bought a loan with an original principal of $1.9 million from Cross River Bank, secured by 1481 Sterling Place, Crown Heights, Brooklyn, when owned by Mark Fernandez.

Development:

• Singh Gurvinder filed plans for alteration in Crown Heights, Brooklyn, on August 06, 2021.

• Mark Fernandez filed plans for alteration in Crown Heights, Brooklyn, on June 28, 2021.

• Mark Fernandez filed plans for alteration in Crown Heights, Brooklyn, on July 09, 2019.

• Mark Fernandez filed plans for alteration in Crown Heights, Brooklyn, on November 26, 2019.

• Harjit Singh filed plans for alteration in Crown Heights, Brooklyn, on November 29, 2019.

Litigation:

• Wachtel Missry registered filed a $1.9 million pre-foreclosure 520401/2023 on July 14, 2023, against Mark Fernandez, Michael Lisowski, Scott Schroeder and Matej Mrkic at 1481 Sterling Place.

Violations:

According to city public data, the properties have received two housing violations and $300 in OATH penalties in the last year.