390 5 Avenue

Owner: Matthew Beer

Debt: August 08, 2024, $10 million

Built: 1931

Renovated: 2016

SF: 5,979

Dwelling units: 6

No. of buildings: 1

Class: Primarily Five to Six Family With Store or Office (S5)

Floors: 5

Legacy BBLs: 3009930036

Transactions:

• Matthew Beer and Alexander Beer borrowed $10 million from UBS Bank for 390 5th Avenue, 370 Baltic Street, and 56 Frost Street, Park Slope, Brooklyn on August 08, 2024.

Development:

• Mr. Mendel filed plans for alteration in Park Slope, Brooklyn, on June 16, 2015.

• Mr. Mendel filed plans for A3 in Park Slope, Brooklyn, on June 12, 2017.

• Issac Adler filed plans for A3 in Park Slope, Brooklyn, on February 05, 2016.

• Mr. Mendel filed plans for alteration in Park Slope, Brooklyn, on April 02, 2015.

• Craig Kafton filed plans for major alteration for 5,000 sqft in Park Slope, Brooklyn, on January 02, 2019.

Violations:

According to city public data, the properties have received $1,300 in OATH penalties in the last year.

Latest Stories:

• Matt Beer obtained financing of $14M from One William Street Capital Management (August 29, 2019)

• Dtbg 390 Fifth Avenue Owner LLC paid $6M to 390 5Th Ave Group LLC (July 23, 2019)