1929 Avenue T
Sheepshead Bay, Brooklyn
Parcel ID (BBL): 3072980045
Owner: Aurec Capital
Acquired: September 02, 2025, $52.5 million
Debt: September 02, 2025, $35 million
Built: 2018
SF: 95,238
Dwelling units: 105
No. of buildings: 1
Class: Fireproof (Standard Construction Without Stores) (D3)
Floors: 7
Legacy BBLs: 3072980045
Transactions:
• Aurec Capital and Golden Arc borrowed $35 million from Ladder Capital for 2450 Ocean Avenue, Sheepshead Bay, Brooklyn on September 02, 2025.
• Lay Assets sold 2450 Ocean Avenue, Sheepshead Bay, Brooklyn for $52.5 million to Aurec Capital and Golden Arc on September 02, 2025.
• Lay Assets borrowed $49.2 million from Valley National Bank for 2450 Ocean Avenue, Sheepshead Bay, Brooklyn on July 20, 2020.
Development:
• Eddie Yair filed plans for major alteration for 1 sqft in Sheepshead Bay, Brooklyn, on February 11, 2025.
• Eddie Yair filed plans for alteration in Sheepshead Bay, Brooklyn, on October 31, 2024.
• Eddie Yair filed plans for alteration in Sheepshead Bay, Brooklyn, on February 26, 2021.
• Eddie Gazheli filed plans for alteration in Sheepshead Bay, Brooklyn, on August 28, 2018.
• Viacheslav Levkov filed plans for demolition in Sheepshead Bay, Brooklyn, on May 02, 2017.
Most recent Schedule of Occupancy
Violations:
According to city public data, the properties have received $625 in ECB penalties and $7,825 in OATH penalties in the last year.