3074590001

Owner: Babis Krasanakis

Debt: February 18, 2026, $8.2 million

Built: 2004

SF: 39,026

Dwelling units: 0

No. of buildings: 1

Class: Office with Comm — 1 to 6 stories (O5)

Floors: 5

Transactions:

• Babis Krasanakis borrowed $8.2 million from Bank of America for 1401 Sheepshead Bay Road, Sheepshead Bay, Brooklyn on February 18, 2026.

Development:

• Babis Krasanakis filed new building job 301625604 for 28,173 sqft E building with 4 apartments in Sheepshead Bay, Brooklyn, on August 19, 2003.

• Krasanakis Bob filed major alteration job 320695128 for 28,173 sqft E building in Sheepshead Bay, Brooklyn, on January 04, 2013.

• Babis Krasanakis filed major alteration job 320127545 for 28,010 sqft E building with 4 apartments in Sheepshead Bay, Brooklyn, on March 11, 2010.

• Babis Krasanakis filed alteration job 302265634 for building in Sheepshead Bay, Brooklyn, on December 01, 2006.

• Babis Krasanakis filed alteration job 302137391 for building in Sheepshead Bay, Brooklyn, on March 09, 2006.

• Babis Krasanakis filed alteration job 302030077 for building in Sheepshead Bay, Brooklyn, on October 28, 2005.

• Babis Krasanakis filed alteration job 302019759 for building in Sheepshead Bay, Brooklyn, on October 11, 2005.

• Babis Krasanakis filed alteration job 302020079 for building in Sheepshead Bay, Brooklyn, on September 30, 2005.

Violations:

According to city public data, the properties have received $10,550 in OATH penalties in the last year.