31 Ryerson Street
Clinton Hill, Brooklyn
Parcel ID (BBL): 3018770001
Owner: Sela Group
Debt: April 26, 2022, $15 million
Built: 1951
Renovated: 2016
SF: 228,591
Dwelling units: 374
No. of buildings: 1
Class: Luxury Type – Built Prior to 1960 (H1)
Floors: 12
Transactions:
• Company sold 29 Ryerson Street, 1109 Manhattan Avenue, 256 Flushing Avenue, N/A Clay Street, and N/A Clay Street, Clinton Hill, Brooklyn for $0 to company on April 26, 2022.
• Company sold 29 Ryerson Street, 1109 Manhattan Avenue, 256 Flushing Avenue, N/A Clay Street, and N/A Clay Street, Clinton Hill, Brooklyn for $0 to company on April 26, 2022.
• Sela Group borrowed $15 million from Madison Realty Capital for 29 Ryerson Street, 1109 Manhattan Avenue, 256 Flushing Avenue, N/A Clay Street, and N/A Clay Street, Clinton Hill, Brooklyn on April 26, 2022.
• Company sold 29 Ryerson Street, 39-35 27th Street, 256 Flushing Avenue, N/A Clay Street, N/A Clay Street, and others, Clinton Hill, Brooklyn for $0 to company on December 17, 2021.
• Sela Group borrowed $99 million from Madison Realty Capital for 29 Ryerson Street, 39-35 27th Street, 256 Flushing Avenue, N/A Clay Street, N/A Clay Street, and others, Clinton Hill, Brooklyn on December 17, 2021.
Development:
• Gal Sela filed plans for alteration in Clinton Hill, Brooklyn, on October 09, 2023.
• Gal Sela filed plans for A3 in Clinton Hill, Brooklyn, on July 17, 2023.
• Gal Sela filed plans for alteration in Clinton Hill, Brooklyn, on July 11, 2023.
• Kamaljit Singh filed plans for alteration in Clinton Hill, Brooklyn, on June 14, 2023.
• Kamaljit Singh filed plans for alteration in Clinton Hill, Brooklyn, on March 28, 2023.
Litigation:
• Metropolitan Realty Exemption filed a $2.1 million lawsuit 525605/2023 against Gal Sela and Sela Group on September 03, 2023,seeking a money judgment related to assessmentat 29 Ryerson Street.
Violations:
According to city public data, the properties have received $7,530 in OATH penalties in the last year.