332 Melrose Street
Bushwick, Brooklyn
Parcel ID (BBL): 3031650017
Owner: Watermark Capital Group
Acquired: May 31, 2024, $5.5 million
Debt: August 07, 2025, $15 million
Built: 1931
SF: 13,500
Dwelling units: 0
No. of buildings: 1
Class: Semi-Fireproof (F4)
Floors: 3
Transactions:
• Watermark Capital Group borrowed $15 million from Citibank for 330 Melrose Street, Bushwick, Brooklyn on August 07, 2025.
• Watermark Capital Group borrowed $9.5 million from BridgeCity Capital for 330 Melrose Street, Bushwick, Brooklyn on May 31, 2024.
• Israel Perlmutter sold 330 Melrose Street, Bushwick, Brooklyn for $5.5 million to Watermark Capital Group on May 31, 2024.
Development:
• Adalberto Lopez filed plans for alteration in Bushwick, Brooklyn, on November 12, 2024.
• Adalberto Lopez filed plans for alteration in Bushwick, Brooklyn, on October 09, 2024.
• Adalberto Lopez filed plans for alteration in Bushwick, Brooklyn, on October 09, 2024.
Most recent Schedule of Occupancy
Violations:
According to city public data, the properties have received one housing violation and $1,700 in OATH penalties in the last year.