264 Flatbush Avenue Extension

Downtown Brooklyn, Brooklyn

Parcel ID (BBL): 3020600001

Acris records

Owner: Capstone Equities

Acquired: August 06, 2025, $86 million

Debt: August 19, 2025, $70 million

Built: 2020

Renovated: 2020

SF: 343,701

Dwelling units: 0

No. of buildings: 1

Class: Tower Type (O4)

Floors: 24

Legacy BBLs: 3020600001

Transactions:

Capstone Equities borrowed $70 million from Corebridge Financial for 141 Willoughby Street and 383 Gold Street, Downtown Brooklyn, Brooklyn on August 19, 2025.

Savanna sold 141 Willoughby Street and 383 Gold Street, Downtown Brooklyn, Brooklyn for $86 million to Capstone Equities and BH3 Management on August 06, 2025.

Savanna borrowed $181 million from PIMCO for 270 Flatbush Avenue Ext, 385 Gold Street, and 383 Gold Street, Fort Greene, Brooklyn on May 25, 2021.

Development:

Savanna filed new building job 321593316 for 310,077 sqft B building in Downtown Brooklyn, Brooklyn, on May 29, 2019.

Capstone Equities filed major alteration job B01293217 for 288,425 sqft R-2 building with 233 apartments in Downtown Brooklyn, Brooklyn, on December 03, 2025.

• Michael Fabean filed alteration job B01313426 for 230,000 sqft 56 building with 0 apartments in Downtown Brooklyn, Brooklyn, on February 23, 2026.

• Eric Desimone filed alteration job B00996736 for building in Downtown Brooklyn, Brooklyn, on January 30, 2024.

• Eric Desimone filed alteration job B00863367 for 9,475 sqft 56 building with 0 apartments in Downtown Brooklyn, Brooklyn, on April 26, 2023.

• Eric Desimone filed alteration job B00840289 for 10,209 sqft 56 building with 0 apartments in Downtown Brooklyn, Brooklyn, on March 09, 2023.

• Eric Desimone filed alteration job B08034729 for 20 sqft building with 0 apartments in Downtown Brooklyn, Brooklyn, on January 03, 2023.

Most recent Schedule of Occupancy

Leave a Reply