3051 Atlantic Avenue

Cypress Hills, Brooklyn

Parcel ID (BBL): 3039570053

Acris records

Owner: Joel Schwartz

Acquired: April 11, 2023, $2.1 million

Debt: March 13, 2025, $17.5 million

Built: 2024

Renovated: 2024

SF: 38,688

Dwelling units: 48

No. of buildings: 2

Class: Semi-Fireproof With Stores (D7)

Floors: 12

Transactions:

Joel Schwartz borrowed $17.5 million from Yakar Partners for 3051 Atlantic Avenue, Cypress Hills, Brooklyn on March 13, 2025.

Joel Schwartz borrowed $12.5 million from Yakar Partners for 3051 Atlantic Avenue, Cypress Hills, Brooklyn on February 05, 2025.

• Company sold 3051 Atlantic Avenue, Cypress Hills, Brooklyn for $0 to company on October 30, 2023.

• Freida Vita Lo Bello estate sold 3051 Atlantic Avenue, Cypress Hills, Brooklyn for $2.1 million to Joel Schwartz on April 11, 2023.

Development:

• Jerome Zwick filed plans for alteration in Cypress Hills, Brooklyn, on October 07, 2024.

• Jerome Zwick filed plans for alteration in Cypress Hills, Brooklyn, on September 26, 2024.

• Jerome Zwick filed plans for alteration in Cypress Hills, Brooklyn, on September 26, 2024.

• Jerome Zwick filed plans for alteration in Cypress Hills, Brooklyn, on September 23, 2024.

• Jerome Zwick filed plans for alteration in Cypress Hills, Brooklyn, on September 23, 2024.

Most recent Zoning Diagram (ZD1)

Violations:

According to city public data, the properties have received one DOB violation, $19,375 in ECB penalties, and $23,765 in OATH penalties in the last year.

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