259 Front Street

Owner: Cw Realty Group

Acquired: June 26, 2020, $20.2 million

Debt: April 14, 2023, $42.6 million

Built: 2021

Renovated: 2021

SF: 63,720

Dwelling units: 58

No. of buildings: 1

Class: Fireproof (Standard Construction Without Stores) (D3)

Floors: 5

Legacy BBLs: 3000420024

HPD Ownership Registration Information

Last registered: 2025-09-13 (expires 2026-09-01)

Transactions:

• CW Realty Group borrowed $42.6 million from Valley National Bank for 68 Gold Street, Vinegar Hill, Brooklyn on April 14, 2023.

• CW Realty Group borrowed $33.1 million from Bank Hapoalim for 68 Gold Street, Vinegar Hill, Brooklyn on February 07, 2022.

• CW Realty Group borrowed $10.3 million from Bank Hapoalim for 68 Gold Street, Vinegar Hill, Brooklyn on June 26, 2020.

• Paul Tocci sold 68 Gold Street, Vinegar Hill, Brooklyn for $20.2 million to CW Realty Group on June 26, 2020.

Development:

• Matt Katz filed plans for alteration in Vinegar Hill, Brooklyn, on March 02, 2022.

• Weiss Cheskie filed plans for A3 in Vinegar Hill, Brooklyn, on December 02, 2021.

• Eddie Gazheli filed plans for alteration in Vinegar Hill, Brooklyn, on September 29, 2021.

• Eddie Gazheli filed plans for alteration in Vinegar Hill, Brooklyn, on September 28, 2021.

• Eddie Gazheli filed plans for alteration in Vinegar Hill, Brooklyn, on September 28, 2021.

Violations:

According to city public data, the properties have received $8,000 in OATH penalties in the last year.

Latest Stories:

• CW Realty refis new dev in Vinegar Hill with $42.6M loan from Valley National (April 18, 2023)

• CW Realty Group signs $33.1M construction loan with Bank Hapoalim for 59-unit project in Vinegar Hill (February 08, 2022)

• CW Realty pays $20.3M to Paul Tocci for development site in Vinegar Hill (June 29, 2020)

• CW Realty borrows $10.3M from Bank Hapoalim for development site acquisition in Vinegar Hill (June 29, 2020)