1818 Prospect Avenue

Owner: Isidore Heimann

Acquired: June 29, 2022, $1.5 million

Debt: November 17, 2023, $16.5 million

Built: 2022

SF: 36,196

Dwelling units: 46

No. of buildings: 1

Class: Semi-Fireproof With Stores (D7)

Floors: 7

Legacy BBLs: 2029530006

Transactions:

• Isidore Heimann borrowed $16.5 million from Starwood Mortgage Capital for 1818 Prospect Avenue, East Morrisania, Bronx on November 17, 2023.

• Isidore Heimann borrowed $16.5 million from Starwood Mortgage Capital for 1818 Prospect Avenue, East Morrisania, Bronx on November 08, 2023.

• Isidore Heimann borrowed $9.7 million from Northeast Community Bank for 1818 Prospect Avenue, East Morrisania, Bronx on July 25, 2022.

• Daniel Lorenzo sold 1818 Prospect Avenue, East Morrisania, Bronx for $1.5 million to Isidore Heimann on June 29, 2022.

Development:

• Chaim Wiesenfeld filed plans for alteration in East Morrisania, Bronx, on February 02, 2023.

• Chaim Wiesenfeld filed plans for alteration in East Morrisania, Bronx, on September 22, 2022.

• Moses Freund filed plans for alteration in East Morrisania, Bronx, on July 06, 2022.

• Moses Freund filed plans for A3 in East Morrisania, Bronx, on July 11, 2022.

• Moses Freund filed plans for alteration in East Morrisania, Bronx, on April 01, 2022.

Violations:

According to city public data, the properties have received $1,280 in ECB penalties, five housing violations, and $4,795 in OATH penalties in the last year.