254 Melrose Street

Owner: Shulem Herman

Debt: September 14, 2023, $7 million

Built: 1931

SF: 5,355

Dwelling units: 6

No. of buildings: 1

Class: Five to Six Families (C2)

Floors: 3

Transactions:

• Shulem Herman borrowed $7 million from Lancewood Capital for 254 Melrose Street and 391 Meeker Avenue, Bushwick, Brooklyn on September 14, 2023.

• Company sold 254 Melrose Street, Bushwick, Brooklyn for $0 to company on May 18, 2022.

Development:

• Isaac Rosenberg filed plans for alteration in Bushwick, Brooklyn, on May 17, 2023.

• Isaac Rosenberg filed plans for alteration in Bushwick, Brooklyn, on May 17, 2023.

• Jose E Arita Ceballos filed plans for alteration in Bushwick, Brooklyn, on January 18, 2023.

Violations:

According to city public data, the properties have received $230 in OATH penalties in the last year.