1853 Bathgate Avenue
Tremont, Bronx
Parcel ID (BBL): 2029170017
Owner: Lantern Organization
Acquired: January 19, 2024, $14.1 million
Debt: August 19, 2025, $18.5 million
Built: 2004
SF: 122,650
Dwelling units: 118
No. of buildings: 1
Class: Semi-fireproof (Without Stores) (D1)
Floors: 8
Legacy BBLs: 2029170017
Transactions:
• Lantern Organization borrowed $18.5 million from NYC Housing Development Corporation for 480 East 176th Street, Tremont, Bronx on August 19, 2025.
• Richman Group and U.S.A. Institutional Tax Credit Fund XXXIX L.P. sold 1852 Washington Avenue, Tremont, Bronx for $14.1 million to Lantern Organization on January 19, 2024.
Development:
• Eric Galloway filed new building job 200808199 for J-2 building with 118 apartments in Tremont, Bronx, on September 19, 2003.
• Rafal Markwat filed alteration job X01363095 for building in Tremont, Bronx, on March 12, 2026.
• Rafal Markwat filed alteration job X01259777 for building in Tremont, Bronx, on July 25, 2025.
• Rafal Markwat filed alteration job X01165180 for 126,004 sqft J-2 building with 118 apartments in Tremont, Bronx, on May 30, 2025.
• David Mateo filed alteration job X00875072 for 200 sqft J-2 building with 118 apartments in Tremont, Bronx, on July 31, 2024.
• David Mateo filed alteration job X00665512 for 56,000 sqft J-2 building with 118 apartments in Tremont, Bronx, on January 24, 2022.
Violations:
According to city public data, the properties have received $21,310 in ECB penalties, seven housing violations, and $21,460 in OATH penalties in the last year.