Schroeders Avenue
Brooklyn
Parcel ID (BBL): 3045860297
Acquired: January 14, 2025, $17.8 million
Debt: January 29, 2025, $326.3 million
Built: 0
SF: 0
Dwelling units: 0
No. of buildings: 0
Class: Zoned Residential, Except Not Manhattan Below 110 St (V0)
Legacy BBLs: 3045860300
Transactions:
• L+M Development Partners and Merchants Capital borrowed $326.3 million from NYS Housing Finance Agency for N/A Fountain Avenue, N/A Erskine Street, and N/A Fountain Avenue, None, Brooklyn on January 29, 2025.
• Services for the Underserved and L+M Development Partners sold N/A Fountain Avenue, N/A Erskine Street, and N/A Fountain Avenue, None, Brooklyn for $17.8 million to RiseBoro Community Partnership and L+M Development Partners on January 14, 2025.