1611 Cedar Street
Midwood, Brooklyn
Parcel ID (BBL): 3067450014
Owner: Candor Capital
Acquired: November 09, 2023, $4.5 million
Debt: August 25, 2025, $19.5 million
Built: 0
SF: 0
Dwelling units: 0
No. of buildings: 1
Class: Not Zoned Residential or Manhattan Below 110 St (V1)
Legacy BBLs: 3067450014
Transactions:
• Candor Capital borrowed $19.5 million from Dwight Capital for 1611-1615 Cedar Avenue, Midwood, Brooklyn on August 25, 2025.
• Candor Capital borrowed $16 million from S3 Capital for 1611-1615 Cedar Avenue, Midwood, Brooklyn on November 09, 2023.
• Yousef Lati sold 1611-1615 Cedar Street, Midwood, Brooklyn for $4.5 million to Candor Capital on November 09, 2023.
Development:
• Eddie Gazheli filed plans for alteration in Midwood, Brooklyn, on July 24, 2024.
• Eddie Gazheli filed plans for alteration in Midwood, Brooklyn, on July 24, 2024.
• Eddie Gazheli filed plans for alteration in Midwood, Brooklyn, on July 24, 2024.
• Charles Wurzberger filed plans for Full Demolition for 100 sqft in Midwood, Brooklyn, on July 12, 2024.
• Charles Wurzberger filed plans for A3 in Midwood, Brooklyn, on March 18, 2024.
Violations:
According to city public data, the properties have received $25 in OATH penalties in the last year.